BUSINESS

Cutix Plc Profit Increases By 7% To N139.442m In Q1 2021

Cutix Plc, has released its unaudited financial statements for its first quarter ended 31st July, 2021 with 7% increase in profit after taxation to N139.442 million from N130.445 million in 2020.

Revenue for the quarter rose by 25% to N1.857 billion from N1.482 billion in 2020.

Cutix Plc is Nigerian quoted firm which manufactures and markets electrical, automobile and telecommunication wires, cables and related products.

ALSO READ  Do More To Bring Women To The Table- NDIC Chair Charges Women In Leadership

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button