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Julius Berger Reports N137 billion Earnings After Nine Months

By on November 7, 2012

Julius Berger Trucks

Leading construction company, Julius Berger has reported 3Q earnings of N137 billion, representing a 5.6% increase from the N130 billion it made over the same period last year.

Profit before tax arrived at N7.5 billion, up 11% from the N6.8 billion it made over the same period last year.

Net income was N3.79 billion, up 38% from the N2.73 billion it made over the same period last year.

The company increased its investments in plant, property and eqipment by 5.6% over the period. Fixed assets are now valued at N58.32 billion.

Earnings per share for 3Q, 2012 was N3.15, up 38% from N2.28.