JBERGER 2017 FINANCIAL YEAR END SUMMARY
| 12 Months Report JULIUS BERGER NIGERIA PLC | ||||
| 2017 N'000 |
2016 N'000 |
change | Year End | |
| Revenue | 141,890,498 | 138,993,752 | 2% | December |
| Profit before taxation | 3,739,140 | (1,498,029) | -350% | |
| Profit for the period | 2,572,040 | (2,398,947) | -207% | |
| Issued Shares (Units) | 1,320,000,000 | 1,320,000,000 | ||
| Basic Earnings Per Shares (Kobo) | 361.00 | 336.00 | 7% | |
| Last total dividend paid (Kobo) | 100.00 | 0.00 | #DIV/0! |
The company recovered from the dismal performance of last year as a result of Forex loss to post a PAT of #2.5Billion.
We belief with the stability in the Forex Market in the past one year and government increased spending on infrastructure, JBerger should be back to its rightful place in the construction industry. It should be noted that China Civil Engineering Company poses the major threat to the company, we hope it should be able to navigate the trouble waters ahead.
Jberger declared a dividend of 100k
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