May & Baker Nigeria plc reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was NGN 4,535.12 million compared to NGN 3,433.8 million a year ago. Net income was NGN 399.62 million compared to NGN 297.55 million a year ago. Basic earnings per share from continuing operations was NGN 0.2316 compared to NGN 0.1725 a year ago. Diluted earnings per share from continuing operations was NGN 0.2316 compared to NGN 0.1725 a year ago.
For the six months, sales was NGN 8,783.65 million compared to NGN 6,773.27 million a year ago. Net income was NGN 684.06 million compared to NGN 492.34 million a year ago. Basic earnings per share from continuing operations was NGN 0.3965 compared to NGN 0.2854 a year ago. Diluted earnings per share from continuing operations was NGN 0.3965 compared to NGN 0.2854 a year ago.