Presco Plc reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was NGN 17,497.95 million compared to NGN 12,773.96 million a year ago. Net income was NGN 2,403.17 million compared to NGN 3,648.57 million a year ago. Basic earnings per share from continuing operations was NGN 2.4 compared to NGN 3.65 a year ago. Diluted earnings per share from continuing operations was NGN 2.4 compared to NGN 3.65 a year ago.
For the nine months, sales was NGN 59,207.74 million compared to NGN 34,238.88 million a year ago. Net income was NGN 15,877.98 million compared to NGN 13,775.43 million a year ago. Basic earnings per share from continuing operations was NGN 15.88 compared to NGN 13.78 a year ago. Diluted earnings per share from continuing operations was NGN 15.88 compared to NGN 13.78 a year ago.