Firm delivers strong performance, profit growth - News Summed Up

Firm delivers strong performance, profit growth


Eunisell Interlinked Plc, an electrical and electronic solutions provider, has announced remarkable growth in key performance metrics for the fiscal year ending June 30, 2024. Profit after tax saw an astonishing rise, exceeding 1000 per cent, jumping from N8.8 million in 2023 to N100 million in 2024. Profitability margins demonstrated significant growth, with the net profit margin rising to 13.85 per cent from 3.19 per cent in the 2023 financial year. Furthermore, the return on capital employed (ROCE) increased to 44.24 per cent, up from 4.66 per cent reported in the previous year. Earnings per share (EPS) also saw substantial growth in the 2024 fiscal year, climbing to N42.28 from N3.74 reported in 2023.


Source: The Guardian October 10, 2024 02:02 UTC



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