CAP Plc 3 Months 2017 Financial Summary
3 Months CAP PLC | ||||
2017 N'000 |
2016 N'000 |
change | Year End | |
Revenue | 1,731,811 | 1,848,341 | -6% | December |
Profit/Loss before taxation | 574,062 | 619,865 | -7% | |
Profit/Loss for the period | 390,362 | 421,508 | -7% | |
Issued Shares (Units) | 700,000,000 | 700,000,000 | ||
Basic Earnings Per Shares (Kobo) | 56.00 | 60.00 | -7% | |
Last total dividend paid (Kobo) |
Cap Plc needs to sell in order to improve its fortune on the floor of the Exchange. The revenue declined year on year by 6%. Credit should be given though for the maintenance of cost across board. We hope the Q2 would be better. Has the country continue to move out of recession, and with the investment of the Government in infrastructure we belief the needs for paint and coating materials should improve going forward.
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