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Darasimi Adebisi Vitafoam Nigeria Plc has reported 59.2 per cent increase in profit to N3.41billion in nine months ended September 30, 2021 unaudited results as against N2.14billion reported in nine months of 2020. The Household Durables company on the Nigerian Exchange Limited (NGX) also reported 55.12 per cent increase in profit before tax to N4.7billion in period under review from N3.05billion reported in prior period results. About 63 per cent growth in revenue to N26.8billion in nine months of 2021 from N16.47billion reported in nine months of 2020 drive profits. The breakdown of revenue revealed that N26.39billion reported in nine months of 2021 from N16.02billion in nine months of 2020, while revenue generated outside Nigeria dropped by 2.6per cent to N440.2million in nine months of 2021 from N451.96million reported in nine months of 2020. ....
Vitafoam Nigeria Reports N3.41bn Profit in 9 months thisdaylive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thisdaylive.com Daily Mail and Mail on Sunday newspapers.
Beko is Steadfast in Protecting the Planet Through Sustainability ⋆ Starmometer starmometer.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from starmometer.com Daily Mail and Mail on Sunday newspapers.
Price Over Earnings Overview: KB Home benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.
Right now, Hovnanian Enterprises Inc. (NYSE:HOV) share price is at $119.48, after a 1.11% gain. Moreover, over the past month, the stock decreased by 8.77%, but in the past year, spiked by 347.49%. Shareholders might be interested in knowing whether the stock is overvalued, even if the company is performing up to par in the current session. Assuming that all other factors are held constant, this could present itself as an opportunity for shareholders trying to capitalize on the higher share price. The stock is currently under from its 52 week high by 18.35%. The P/E ratio is used by long-term shareholders to assess the company s market performance against aggregate market data, historical earnings, and the industry at large. A lower P/E can either represent a company s poor future earnings potential or a buying opportunity relative to other stocks. It shows that shareholders are less than willing to pay a high share price, because they do not expect the company to exh ....