NASCON reported a remarkable 151.0% year-on-year earnings per share, EPS, growth to N5.18 from N2.06 in 2022. The company’s financial scorecard detail shows that the company grew its topline grew markedly by 37.5% in 2023. Following a tax expense of N6.86 billion, profit after tax grew by 151.0% to N13.73 billion from N5.47 billion.

2023 interim dividend paid is 100 kobo per share (2022: 100 kobo per share). Proposed bonus for 2023 two (2) new ordinary shares of 50 kobo to every hundred (100).
Growth: The company’s revenue grew by 37.49% to N80.82 billion from N58.78 billion reported in 2022.Nascon Allied also posted a pre-tax profit of N20.58 billion, representing an increase of 145.58% from the N8.37 billion posted in FY 2022.