Ardova Plc Declares N1.9bn PAT in 2020 Audited Results, Proposes 19k Final Dividend; (SP:N16.25k)

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Thursday, March 04, 2021 / 11:22 AM / by NSE / Header Image Credit: Ardovaplc


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Ardova Plc released its 2020 Audited results for the period ended December 31st, 2020.


Key Highlights

  • Revenue grew by 3% to N182bn from N177bn in the previous quarter.

  • Profit before tax declined by 38% to N2.9bn.

  • Profit after tax declined by 53% to N1.9bn.

  • Net Assets grew by 12% from N16bn to N18bn.

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