University Press Plc reported earnings results for the third quarter and nine months ended December 31, 2021. For the third quarter, the company reported sales was NGN 415.01 million compared to NGN 661.74 million a year ago. Net income was NGN 39.97 million compared to NGN 79.37 million a year ago. Basic earnings per share from continuing operations was NGN 0.0926 compared to NGN 0.184 a year ago. Diluted earnings per share from continuing operations was NGN 0.0926 compared to NGN 0.184 a year ago.
For the nine months, sales was NGN 1,984.47 million compared to NGN 955.36 million a year ago. Net income was NGN 255.17 million compared to net loss of NGN 19.09 million a year ago. Basic earnings per share from continuing operations was NGN 0.5915 compared to basic loss per share from continuing operations of NGN 0.0442 a year ago. Diluted earnings per share from continuing operations was NGN 0.5915 compared to diluted loss per share from continuing operations of NGN 0.0442 a year ago.