ARBICO Declares N142.24m PAT in Q3 2019 Results, (SP:N4.79k)


Monday, November 04, 2019 /10:21 AM / NSE / Header Image Credit: Arbico

Arbico Plc released its Q3 unaudited 2019 results for the period ended September 30th, 2019.

Key Highlights

  • Revenue grew by 24.6% to N4.1bn from N3.3bn in the previous quarter.
  • Profit before tax declined by 18.4% to N142.2m from 174.3m.
  • Profit after tax declined by 18.4% to 142.2m from 174.3m.
  • Net Assets also grew by 939% to 1.3bn from 124m.

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