Julius Berger Nigeria Plc reported her financial year 2017 results to the market recently.

The results show that revenue and net income were grown by 2.08% and 29.5% respectively.Due to relative stability in the FX market in the period covered, exchange rate losses dropped by 77.2% and helped free up income.The company’s net income was aided by extraordinary items (profit from sales of properties, plants, and equipment).Julius Berger gear ratio is low and shows that there is a greater prospect for the firm to take advantage of core capital to improve on her working capital going forward.A dividend of 100 kobo has been proposed to shareholders. This translates to a dividend yield of 4.03%


SOURCE: https://brandspurng.com/corporate-brief-julius-berger-nigeria-recorded-a-growth-of-2-08-29-5-in-revenue-net-income-respectively/

Good

Correct.

Ok

ok Next pls

Should we now fry cement?

Does APC want to add this one to their achievements ?

So?

Two similar threads making front page?

Interesting.

Marginal growth in revenue but significant growth in profits.

Means they are able to reduce their costs very significantly. Or there were exceptional costs in the year before.

That's good

Multiple thread

Humm

Mod done post am twice

so....

Don't feel ashamed to fart when urinating.
There is no rain without thunder

It's pathetic that they are declaring growth while they build substandard roads.

Jarus:
Interesting.

Marginal growth in revenue but significant growth in profits.

Means they are able to reduce their costs very significantly. Or there were exceptional costs in the year before.

Dollar impacting on budget. 200% increase in materials costs on a flat budget

But their share price is still at a record low

Jarus:
Interesting.

Marginal growth in revenue but significant growth in profits.

Means they are able to reduce their costs very significantly. Or there were exceptional costs in the year before.

exceptional cost previous year due to fx unstability... pretty stable in 2017... hence exchange loss/gain on a low..

ElPadrino33:
Does APC want to add this one to their achievements ?

Wike of Rivers state uses them for construction works in the state.

Fantastic news, i love JB cos I enjoyed all the years I was with them until I resigned.

wish to work here someday

More money for Adenuga.

HAHAHAHA...This would show you how lazy and the carefree attitude of 9ja folks towards meaningful news like this. How are we gonna progress when there's very little emphasis placed on educative piece like this?

Hmm... Thank God you are still there. We still need your service here. Na recession dey make us patronize your competitors for now.

Bagehot:
More money for Adenuga.

how sir

Dirkcoyt:

how sir

He is the majority shareholder in JB.

Bagehot:


He is the majority shareholder in JB.

Wow so no be only glo and conoil dey fetch that Bros money? why can't he use the organized structure he met at JB to improve glo?

I had to read up now to confirm it. thanks


https://nairametrics.com/julius-berger-appoints-mike-adenugas-daughter-belinda-joke-disu-as-director/

the best investmment on earth is earth