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.

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