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Meyer Plc reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was NGN 726.64 million compared to NGN 351.95 million a year ago. Net income was NGN 117.94 million compared to NGN 7.64 million a year ago. Basic earnings per share from continuing operations was NGN 0.24 compared to NGN 0.02 a year ago.For the full year, sales was NGN 2,266.98 million compared to NGN 1,435.03 million a year ago. Net income was NGN 237.43 million compared to NGN 393.62 million a year ago. Basic earnings per share from continuing operations was NGN 0.48 compared to NGN 0.79 a year ago. Diluted earnings per share from continuing operations was NGN 0.48 compared to NGN 0.79 a year ago.
Period Ending: | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 |
---|---|---|---|---|
Total Revenue | 629.74 | 726.46 | 526.43 | 480.25 |
Gross Profit | 166.74 | 356.85 | 214.03 | 144.25 |
Operating Income | -15.7 | 136.84 | 54.81 | -10.29 |
Net Income | 18.67 | 116.47 | 62.46 | 18.94 |
Period Ending: | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 |
---|---|---|---|---|
Total Assets | 2558.66 | 2455.34 | 2217.74 | 2179.32 |
Total Liabilities | 855.58 | 769.46 | 649.8 | 673.84 |
Total Equity | 1703.08 | 1685.88 | 1567.93 | 1505.48 |
Period Ending: | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 |
---|---|---|---|---|
Period Length: | 0 Months | 0 Months | 0 Months | 0 Months |
Cash From Operating Activities | -17.43 | 24.07 | 37.29 | -94.97 |
Cash From Investing Activities | 39.2 | 33.47 | 4.37 | 19.7 |
Cash From Financing Activities | -5.22 | -8.14 | -5.22 | 15.93 |
Net Change in Cash | 16.55 | 49.4 | 36.44 | -59.34 |
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