Eunisell Interlinked Plc, a supplier {of electrical} and digital options, has printed its unaudited monetary outcomes for the six months ending December 31, 2024.
In accordance with the report filed with the Nigerian Trade Restricted, the corporate’s income elevated by 961 per cent from July to December 2024, rising to N974 million from N91 million in the identical interval in 2023.
Revenue Earlier than Tax (PBT) elevated to N267 million, marking a big restoration from a lack of N13 million within the second half of 2023. This enchancment is a part of a broader acquire in profitability for Eunisell Interlinked Plc., a provider of built-in engineering and know-how options throughout sectors resembling Oil and Gasoline, Industrial, and Energy. The corporate additionally noticed its internet revenue margin rise to 27 per cent, in comparison with a destructive margin in the identical interval final 12 months.
Key metrics embody a Return on Capital Employed (ROCE) of 25 per cent, up from a destructive place within the prior 12 months, and earnings per share (EPS) of N2.26, in comparison with a destructive determine in the identical interval of 2023.
The corporate’s CEO, Chris Okoro, attributed the outcomes to the corporate’s deal with innovation, customer support, and value administration.
“We’re happy with the efficiency. The outcomes mirror our efforts to handle prices and ship worth to our prospects,” stated Okoro.
He additional said that the corporate plans to develop its buyer base and improve funding in know-how throughout the coming fiscal 12 months.