May & Baker Nigeria plc reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was NGN 3,573.47 million compared to NGN 2,539.25 million a year ago. Net income was NGN 937.91 million compared to NGN 327.16 million a year ago. Basic earnings per share from continuing operations was NGN 0.5436 compared to NGN 0.1896 a year ago. Diluted earnings per share from continuing operations was NGN 0.5436 compared to NGN 0.1896 a year ago.
For the nine months, sales was NGN 10,346.73 million compared to NGN 8,064.1 million a year ago. Net income was NGN 1,430.25 million compared to NGN 882.43 million a year ago. Basic earnings per share from continuing operations was NGN 0.829 compared to NGN 0.5115 a year ago. Diluted earnings per share from continuing operations was NGN 0.829 compared to NGN 0.5115 a year ago.