August 2, 2017/InvestmentOne Research

Presco released its Q2 2017 results earlier today.

Please find key highlights of the Q2 2017 results below:

·         Revenue of N5.7bn, down -21.2% q/q; up +30.4% y/y

·         Profit before tax of N2.6bn, down -49.1% q/q; up +10.1% y/y

·         Profit after tax of N1.7bn, down -57.6% q/q; up +2.5% y/y

Please click to download a copy of the financial statements.