Presco 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 28,794.87 million compared to NGN 17,497.95 million a year ago. Net income was NGN 8,399.42 million compared to NGN 2,403.17 million a year ago. Basic earnings per share from continuing operations was NGN 8.4 compared to NGN 2.4 a year ago. Diluted earnings per share from continuing operations was NGN 8.4 compared to NGN 2.4 a year ago.
For the nine months, sales was NGN 76,866.96 million compared to NGN 59,207.74 million a year ago. Net income was NGN 23,472.6 million compared to NGN 15,877.98 million a year ago. Basic earnings per share from continuing operations was NGN 23.47 compared to NGN 15.88 a year ago. Diluted earnings per share from continuing operations was NGN 23.47 compared to NGN 15.88 a year ago.