INITSPLC Declares N19.28m PAT in Q3 2019 Results,(SP:N0.75k)


Monday, October 28, 2019 / 4:27 PM / By NSE / Header Image Credit: Initiates Group

The Initiates Plc released its Q3 unaudited 2019 results for the period ended September 30th, 2019.


Key Highlights

Revenue declined by 16.7% to 381.6m from 457.8m from the previous quarter.

Profit before tax declined by 72.3% to N25.7m.

Profit after tax declined by 72.3% to N19.3m.

Net Assets declined by 1.6% to 743.3m from 755.7m as at September 30, 2019.

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