May & Baker Nigeria plc reported earnings results for the fourth quarter and full year ended December 31, 2021. For the fourth quarter, the company reported sales was NGN 3,837.49 million compared to NGN 2,952.13 million a year ago. Net income was NGN 96.92 million compared to NGN 167.13 million a year ago. Basic earnings per share from continuing operations was NGN 0.0562 compared to NGN 0.0969 a year ago. Diluted earnings per share from continuing operations was NGN 0.0562 compared to NGN 0.0969 a year ago.
For the full year, sales was NGN 11,901.58 million compared to NGN 9,390.2 million a year ago. Net income was NGN 979.36 million compared to NGN 964.56 million a year ago. Basic earnings per share from continuing operations was NGN 0.5677 compared to NGN 0.5591 a year ago. Diluted earnings per share from continuing operations was NGN 0.5677 compared to NGN 0.5591 a year ago.