Julius Berger Grew Profit After Tax By 68.87% In 12 Months.

Julius Berger Nigeria Plc released its fourth quarter result for the period ended, December 31, 2019 on Monday.

 In its unaudited financial report, the construction giant posted a turnover of N264.56 billion, up by 35.94% when compared to the turnover of N194.62 billion recorded in the corresponding period in 2018.

Profit before Tax grew by 44% to close at N14.68 billion away from the previous close of N10.2 billion. Profit after Tax was up by 68.87%, closing the year 2019 at N10.3 billion away from the previous close of N6.1 billion in 2018.

 For the period under review, the Earnings Per Share (EPS) of Julius Berger stands at N7.81, up by 69% from the previous EPS of N4.62. With reference to the share price of N20.15, the P.E ratio of the firm stands at 2.58x