ARBICO Declares N493m Loss in Q4 2020 Results (SP:N1.03k)


Thursday, February 04, 2021 / 5:28PM / by NSE / Header Image Credit: Arbico

Arbico Plc released its Q4 2020 Unaudited results for the period ended December 31st, 2020.

Key Highlights

  • Revenue declined by -8.6% to N5.6bn from N6.1bn in the previous quarter.

  • Loss before tax stood at N388m.

  • Loss after tax stood at N493m.

  • Net Assets declined stood at -N1.4bn.

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