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Tripple Gee & Company Plc.

Audited Financial Statements 31st March, 2023

Page 1

Tripple Gee & Company Plc.

Audited Financial Statements 31st March, 2023

Page 2

TRIPPLE GEE AND COMPANY PLC

CONTENTS

PAGE (S)

1.

CORPORATE INFORMATION

3

2.

FINANCIAL HIGHLIGHTS

4

3.

REPORT OF THE INDEPENDENT AUDITORS

5

4.

STATEMENT OF FINANCIAL POSITION

10

5.

STATEMENT OF COMPREHENSIVE INCOME

12

6.

STATEMENT OF CHANGES IN EQUITY

13

7.

STATEMENT OF CASH FLOW

14

8.

NOTES TO THE FINANCIAL STATEMENTS

15

9. ADDITIONAL INFORMATION

-

VALUE ADDED STATEMENT

38

-

COMPANY FIVE- YEAR FINANCIAL SUMMARY

39

Tripple Gee & Company Plc.

Audited Financial Statements 31st March, 2023

Page 3

TRIPPLE GEE AND COMPANY PLC.

CORPORATE INFORMATION:

DIRECTORS: 1. MR. SAMUEL IDOWU AYININUOLA- CHAIRMAN

  1. MRS M. ADEBIMPE GIWA-GROUP MANAGING DIRECTOR
  2. SENATOR (CHIEF) FELIX KOLAWOLE BAJOMO.
  3. MR. OLUSEGUN OLUSANYA.
  4. CHIEF (MRS) CHRISTY NKEM OKOYE.
  5. ALHAJI ALI MADUGU.
  6. MR WALE SHONAIKE

COMPANY SECRETARY:

MRS ADENIKE SODE

MELVIN & CO.

SUITE 1, FEDERAL SHOPPING COMPLEX

EBUTE METTA. LAGOS

REGISTERED OFFICE:

PLOT 9, KAREEM GIWA STREET,

OPPOSITE INTER'L TRADE FAIR COMPLEX,

KM11, BADAGRY EXPRESS WAY,

ABULE OSHUN, LAGOS.

TEL: 0805 5190 713

e-mail:contact@tripplrgee.com

web: www.tripplegee.com

AUDITORS:

MESSRS OLUSOLA OLOJEDE & CO

77, OBAFEMI AWOLOWO WAY

M-A-N HOUSE, 4TH FLOOR, IKEJA,

LAGOS.

REGISTRARS:

GTL REGISTRARS LTD

274 MURTALA MOHAMMED WAY,

EBUTE- METTA, LAGOS.

MAIN BANKERS:

1.) PROVIDUS BANK LTD

VICTORIA ISLAND, LAGOS.

2.) GTBANK PLC,

ASPAMDA BRANCH,

INTERNATIONAL TRADE FAIR COMPLEX.

LAGOS.

Tripple Gee & Company Plc.

Audited Financial Statements 31st March, 2023

Page 4

TRIPPLE GEE & COMPANY PLC

FINANCIAL HIGHLIGHTS

2023

2022

INCREASE/

N

'000

N

'000

(DECREASE)

%

Turnover

3,176,489

1,506,378

111%

Profit/ (Loss) on Ordinary Activities

Before Taxation

182,077

98,139

86%

Provision for Taxation

(59,175)

(31,895)

86%

Profit/ (Loss) on Ordinary Activities

After Taxation

122,902

66,244

86%

Share Capital

247,477

247,477

-

Total Equity

1,267,432

1,174,498

9%

Earnings Per Share (kobo)

24.83

13.38

86%

Dividend Per Share (kobo)

-

-

-

Net Asset Per Share (kobo)

256.0

237.3

8%

NSE Quoted Price/Share

as at 31st March (kobo)

2.70

0.96

181%

Tripple Gee & Company Plc.

Audited Financial Statements 31st March, 2023

Page 5

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Tripple Gee & Company plc published this content on 29 June 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 June 2023 10:50:43 UTC.