WATCH THE VIDEO HERE Presco Plc released its financial report for the third quarter of 2024, recording a pre-tax profit of N16.6 billion, an increase from N10.8 billion in the same quarter of 2023. This 53.49% year-over-year increase brings the cumulative pre-tax profit for the nine-month period ending September 30, 2024, to N67 billion. The company’s Q3 revenue rose by 40.82% year-over-year, reaching N40.5 billion compared to N28.7 billion in 2023. Gross profit also increased by 57.80%, and earnings per share rose from N8.39 in Q3 2023 to N12.89 in Q3 2024. Commentary Asset Position Cash Flow Overview
Presco Plc’s pre-tax profit jumps 53% in Q3 2024 on strong revenue growth
