PRINCIPAL ACTIVITIES
The principal activities of Chams Holding Company Plc and its subsidiaries continue to be provision of Digital business intelligent solutions across a broad range of market segments. This includes the development, deployment, implementation and maintenance of technology-based payment and other digital solutions including; to facilitate the innovative development and operations of digital business.
O P E R AT I N G R E S U LT S U M M A R Y
Chams Holding company Plc group financial statement posted N20.2 million profit after tax in their FY 2023, a 105% improvement in comparison with the loss of N375 million posted in the preceding year’s financial statement. Despite reporting N375.24million loss in 2022 financial year and N135.81million loss in Q3 2022, the group recovered and generated N255.1 million profit in Q3 2023.
The revenue growth on the other hand surged to 9.4 percent from N5.06 billion to N9.6 billion.
| 2023 | 2022 | Change % | |
| Gross Profit Margin | 19.29 | 19.83 | – 2.75 |
| Operating Profit Margin | 3.84 | – 0.11 | – 3,665.23 |
| PBT Margin (EBITDA) | 2.58 | – 2.55 | – 201.13 |
| PAT Margin | 0.21 | – 7.41 | – 102.83 |
| ROA | 0.11 | – 2.30 | – 104.63 |
| ROE | 0.21 | – 3.97 | – 105.27 |
