Industrial and Medical Gases Nigeria Plc reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was NGN 1,501.07 million compared to NGN 1,433.81 million a year ago. Net income was NGN 239.28 million compared to NGN 90.69 million a year ago. Basic earnings per share from continuing operations was NGN 0.48 compared to NGN 0.22 a year ago.
For the nine months, sales was NGN 4,226.62 million compared to NGN 3,812.46 million a year ago. Net income was NGN 564.34 million compared to NGN 359.49 million a year ago. Basic earnings per share from continuing operations was NGN 1.13 compared to NGN 0.86 a year ago.