AFROMEDIA Declares N349.67m profit in Q4 2019 Results,(SP:N0.37k)


Thursday, October 31, 2019 /5:20 PM / NSE / Header Image Credit: Afromedia Plc

Afromedia Plc released its Unaudited second quarter results for the period ended September 30, 2019.


Key Highlights

Revenue declined by -7.44% to N352.71m from N381.06m in the previous quarter         .

Profit Before Tax grew by 3.66% to N384.26m.

Profit After declined grew by 8.24% to N349.67bn.

Net Assets also declined by 7.8% to N4.50bn from N4.15bn as at December 31, 2019.

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