RAKUNITY declares N37.77m Loss in Q3 2019 Results,(SP:N0.30k)

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Wednesday, October 30, 2019  /7:28 PM / By NSE / Header Image Credit: Nigeria News Direct


Rak Unity Petroleum Plc  released its Unaudited third quarter results for the period ended September 30, 2019.


Key Highlights 

Revenue declined by -49.4% to N3.57bn from N7.05bn in the previous quarter         .

Loss Before Tax grew by 101.4% to N55.54m.

Loss After Tax grew by 1504.1% to N37.77m.

Net Assets also declined by 7.3% to N553.64m from N597.07m as at December 31, 2018.

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