Purple Real Estate Posts N410.2m Pre-Tax Profit In H1

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The company’s results showed that the pre-tax profit grew by 133.47 per cent from N175.7 million in H1, 2021 to N410.2 million in H1, 2021.

Other income declined by 56.4 per cent to N43.0 million year-on-year as against N98.5 million, while operating profit stood at N732.7 million, up by 281.2 per cent to N192.2 million in 2021.

Speaking on the performance, the chief executive officer of Purple Real Estate Income, Mr. Laide Agboola, stated, “in the last six months, we have delivered a strong performance across all parts of our business as we continue to execute against our strategy.

 

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