Presco’s N1.5B dividend for 2016 delights Shareholders
For the year ended December 31, 2016, shareholders of Presco Plc has approved a dividend of N1.5billion, amounting to 150 kobo per share. The company had in 2015 rewarded shareholders with N1Billion, indicating 100kobo per share. Turnover also increased from N10.4Billion recorded in 2015 to N15.7Billion in 2016 while profit after tax was N21.7Billion, “after accounting for changes in fair …
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