C & I Leasing Plc, a transportation logistics solutions company, says it will continue to leverage technology to improve operational efficiency and business acquisition for enhanced growth and development.
The Chairman of the company, Dr. Samuel Onyishi, said this while addressing shareholders at the company’s 32nd Annual General Meeting (AGM) in Lagos for the financial year ended Dec. 31, 2022.
During the year under review, the group’s gross earnings decreased slightly by one per cent from N18.2 billion in 2021 to N17.9 billion in 2022.
The company’s profit before tax increased by 216 per cent from N198.5 million in 2021 to N626.8 million in 2022.
Similarly, the group’s profit after tax rose by 1,746 per cent from N31.2 million profit recorded in 2021 to N577.3 million profit in 2022.
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