OMATEK Declares N1.38bn Loss in Audited 2017 results (SP:N0.50k)


Friday, October 18, 2019   /01:22 PM  / NSE

Omatek Ventures Plc released its Audited 2017 results for the period ended December 31st, 2017.

 Key Highlights 

Revenue declined by -58.1% to N116m from N277m in the previous quarter.

Loss Before Tax grew by 31.4% to N1.38bn.

Loss After Tax grew by 30.6% to N1.38bn.

Net Assets also declined by 40.52% to N4.80bn from N3.42 as at December 31, 2016.

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