CAVERTON Declares N1.2bn PAT in 2020 Audited Results, Proposes 10K Final Dividend; (SP:N1.97k)

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Wednesday, March 31, 2021  / 2:18 PM / by NSE / Header Image Credit: Caverton Support Offshore Group


Caverton Support Offshore Group Plc released its 2020 Audited results for the period ended December 31st, 2020.


Key Highlights

  • Revenue declined by -8% to N32.2bn from N35bn in the previous quarter.

  • Profit before tax declined by 83% to N1.3bn.

  • Profit after tax declined by 73% to N1.2bn.

  • Net Assets grew by 2.2% from N21.5bn to N22bn.


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