May & Baker Nigeria 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 3,433.8 million compared to NGN 2,821.72 million a year ago. Net income was NGN 297.55 million compared to NGN 307.9 million a year ago. Basic earnings per share from continuing operations was NGN 0.1725 compared to NGN 0.1785 a year ago. Diluted earnings per share from continuing operations was NGN 0.1725 compared to NGN 0.1785 a year ago.
For the six months, sales was NGN 6,773.27 million compared to NGN 5,524.85 million a year ago. Net income was NGN 492.34 million compared to NGN 555.27 million a year ago. Basic earnings per share from continuing operations was NGN 0.2854 compared to NGN 0.3219 a year ago. Diluted earnings per share from continuing operations was NGN 0.2854 compared to NGN 0.3219 a year ago.