Eunisell Interlinked PLC, a provider of electrical and electronic solutions, has announced its unaudited financial results for the quarter ending September 30, 2024. The company experienced a significant rise in revenue, reaching N360 million, marking an 800% increase from N43 million in the same period last year. Additionally, Eunisell Interlinked reported a profit after tax (PAT) of N122 million, compared to a loss of N4.6 million in Q1 2023. Key financial metrics such as net profit margin and return on capital employed (ROCE) also showed positive growth, with liquidity remaining stable.
Eunisell Interlinked PLC, an electrical and electronic solutions company, has released its financial results for the first quarter ending September 30, 2024, showing significant improvements in key metrics. The unaudited financial statement filed with the Nigeria Exchange Limited reports a revenue increase to N360 million, up from N43 million in the same period last year, reflecting an 800% rise. The company also reported a profit after tax of N122 million, compared to a loss of N4.
Chris Okoro, CEO of Eunisell Interlinked, noted that the results reflect ongoing efforts to manage costs and focus on customer needs. He explained, 'This performance is a clear reflection of our commitment to operational efficiency and delivering value to our customers. Over the past few quarters, we’ve focused on refining our processes, ensuring that we maintain high standards in service delivery while carefully managing our cost base.
Eunisell Interlinked PLC Financial Results Q1 2024 Revenue Increase Profit After Tax Net Profit Margin Return On Capital Employed Nigeria Exchange
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Eunisell Interlinked PLC pledges support for Nigeria’s Data CentresAs the demand for cloud storage and data processing continues to rise, the need for a reliable and modern power infrastructure has become imperative.
Read more »
Climate group donates school items to 800 students in Epe coastal areasHelp Africa Initiatives (HAI), a non-governmental organisation, has donated school materials to over 800 students in Lagos lagoon communities.
Read more »
Cost of Cement Rises to N8,800 Amid Skyrocketing Building Material PricesThe cost of building materials in Nigeria has risen sharply, exacerbating the country’s already dire housing crisis and threatening
Read more »
Eunisell advocates for domestication of Nigeria’s oil and gas IndustryEunisell Limited, a chemical and production solutions company, has underscored the critical importance of domestication in Nigeria’s oil and gas sector.
Read more »
Zenith Bank assures customers of exceptional service delivery following successful infrastructure upgrade ...Zenith Bank Plc has assured its teeming customers of exceptional service delivery and improved customer experience following the successful completion of its Information Technology Infrastructure Upgrade. In a statement made available to the media, the Group Managing Director/Chief Executive of Zenith Bank Plc, Dame Dr.
Read more »
Aradel Holdings Plc reports revenues of ₦377.6 billion as at nine months 2024, up 206.9% | Declares ₦8.00 per share interim dividend, up 433.3%Nigeria's independent online newspaper
Read more »