By InvestAdvocate

Lagos (INVESTADVOCATE)-Construction giant, Julius Berger Nigeria Plc on Monday reported a profit after tax (PAT) of N2.57 billion for the period ended December 31, 2017 compared to a loss of N2.39 billion recorded a year earlier.

The company recorded a pretax profit of N3.73 billion compared to a loss of  N1.49 billion posted in 2016 end.

Revenue of the construction giant inched up 2.08 percent to N141.89 billion from N138.99 billion declared in 2016 end; Julius Berger said in a filing with the Nigerian Stock Exchange (NSE).

The company said it would pay a dividend of N1.00 kobo per share to investors compared to zero dividend declared in 2016 end. Julius Berger said closure date is June 4 to June 8, 2018. while annual general meeting (AGM) and payment dates has been scheduled for June 21 and June 22, 2018 respectively.