Finance

Julius Berger delivers highest dividend in 5 years to shareholders

Julius Berger delivers highest dividend in 5 years to shareholders

Chairman of Julius Berger Nigeria PLC, Mr. Mutiu Sunmonu, has said that the company has continued to deliver good and consistent result to its shareholders  despite the challenges of the 2021 financial year.

Speaking at the company’s 52nd annual general meeting at the weekend in Abuja, Sunmonu said the organisation excelled and overcame the challenges by dint of hard work and unflinching commitment to succeed on the part of the management and staff of the company.

Read:  Direct selling, key to youth financial empowerment

Presenting the Consolidated Financial Statements for  the year under review, the Chairman noted that within the period, Julius Berger Nigeria Plc performed positively despite the numerous macro-economic hiccups which affected most businesses. He added that the company achieved exceptional financial performance, meeting targets in both revenue and cash flow. “One of those challenges, of course is COVID-19, which remains ever present in our personal and professional lives – with prolonged consequences. Unfortunately, we are unable to put this virus behind us just yet,” the Chairman said.

Read:  Enthusiasm Trails eNaira as Nigerians Download 200,000 Wallets in 24 Hours.

This was even as the Managing Director, Dr. Lars Richter, disclosed that the company stood strong in the year under review as shareholders approved a N2.50k per share dividend.

Sunnews

Related posts

Soaring food, transport costs push inflation to 20.52%

NigGal

Naira falls to N1260/$ in parallel market

NigGal

Naira appreciates marginally against dollar

NigGal

Learn Africa Plc records N2.39B turnover, introduces earn Africa eReader

NigGal

Between naira redesign project and politicians’ vested interest

NigGal

TotalEnergies targets 100 startups with beneficiary getting N8m each

NigGal

Leave a Comment