Chemical and Allied Products Plc reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was NGN 5,806.05 million compared to NGN 4,089.32 million a year ago. Net income was NGN 891.85 million compared to NGN 372.66 million a year ago. Basic earnings per share from continuing operations was NGN 1.09 compared to NGN 0.47 a year ago. Diluted earnings per share from continuing operations was NGN 1.09 compared to NGN 0.47 a year ago.
For the six months, sales was NGN 9,777.29 million compared to NGN 8,745.1 million a year ago. Net income was NGN 1,280.98 million compared to NGN 903.96 million a year ago. Basic earnings per share from continuing operations was NGN 1.57 compared to NGN 1.11 a year ago. Diluted earnings per share from continuing operations was NGN 1.57 compared to NGN 1.11 a year ago.