Chemical and Allied Products Plc reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was NGN 4,089.32 million compared to NGN 3,549.14 million a year ago. Net income was NGN 372.66 million compared to NGN 305.88 million a year ago. Basic earnings per share from continuing operations was NGN 0.47 compared to NGN 0.44 a year ago.
For the six months, sales was NGN 8,745.1 million compared to NGN 5,728.25 million a year ago. Net income was NGN 903.96 million compared to NGN 509.11 million a year ago. Basic earnings per share from continuing operations was NGN 1.11 compared to NGN 0.73 a year ago. Diluted earnings per share from continuing operations was NGN 1.11 compared to NGN 0.73 a year ago.