AFROMEDIA Declares N8.37mln PAT in Q3 2019 Results,(SP:N0.41k)

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Thursday, July 25, 2019  10:25AM / NSE


Afromedia Plc released its Q3 Unaudited Results for the Period ended June 30, 2019.

 

Key Highlights

Revenue declined  marginally by 1.03% to N276.42mln from N279.30mln in the previous year.

Profit Before Tax increased by 117.89% to N11.95mln from N66.82mln loss recorded in the previous year.

Profit After Tax also grew by 111.98% to N8.37mln.

Net Assets declined marginally by o.2% to a negative value of N4.49bln from –N4.50bln as at 3oth June, 2018.

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Graph – One Year Share Price Movement

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