The unaudited and provisional results sent toThe Nigerian Stock Exchange shows that the amount represents a 9 per cent increase over the N10.45 billion recorded in the same period in 2016.
According to the results, the Company posted a revenue of N91.29 billion for the period, signifying an 18 per cent increase over the N77.55 billion achieved in 2016.
The results from operating activities improved by 7 per cent from N17.99 billion in the first quarter of 2016 to N19.20 billion in the corresponding period in 2017. Profit before tax grew by 16 per cent from N14.99 billion in 2016 to N17.43 billion in the current period.