Presco Plc reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was NGN 26,274.65 million compared to NGN 21,822.1 million a year ago. Net income was NGN 6,945.77 million compared to net loss of NGN 2,845.41 million a year ago. Basic earnings per share from continuing operations was NGN 6.95 compared to basic loss per share from continuing operations of NGN 2.9 a year ago. Diluted earnings per share from continuing operations was NGN 6.95 compared to diluted loss per share from continuing operations of NGN 2.9 a year ago.

For the full year, the company reported sales was NGN 103,141.6 million compared to NGN 81,029.85 million a year ago. Net income was NGN 30,418.36 million compared to NGN 13,032.42 million a year ago. Basic earnings per share from continuing operations was NGN 30.42 compared to NGN 13.03 a year ago. Diluted earnings per share from continuing operations was NGN 30.42 compared to NGN 13.03 a year ago.