Results & Dividends

Julius Berger 2014 Profit before Tax Down 19%, Declares N2.70 Kobo Dividend

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By Peter OBIORA InvestAdvocate

Lagos (INVESTADVOCATE)-Construction giant, Julius Berger Nigeria Plc on Tuesday reported its 2014 full- year profit before tax (PBT) declined 19 percent to N1313 billion from N16.22 billion recorded in 2013 end.

However, profit after tax (PAT) grew 4.9 percent to N8.23 billion from N7.85 billion recorded a year earlier.

Revenue depreciated to N196.81 billion from N212.73 billion reported in 2013 end; representing a decrease of 7.5 percent in the review period, the company said in a filing with the Nigerian Stock Exchange (NSE).

Julius Berger Nigeria said it would pay a dividend of N2.70 kobo per share to its shareholders, the same amount paid in 2013 end.

 

 

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