CUTIX Declares N393m PAT in 2020 Audited Results, (SP:N1.65k)

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Monday, August 03, 2020 / 2:45 PM / By NSE / Header Image Credit: Cutix Plc


Cutix Plc released its 2020 Audited results for the period ended April 30th, 2020.


Key Highlights

  • Revenue declined by -7.5% to N5bn from N5.4bn in the previous quarter.

  • Profit before tax declined by 13.7% to N586m.

  • Profit after tax declined by 17.6% to N393m.

  • Net Assets grew by 12% from N1.6bn to N1.8bn.

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