ARBICO Declares N414m PAT in 2020 Audited Results, (SP:N1.03k)


Tuesday, April 06, 2021 / 5:24 PM/ NSE / Header Image Credit:  Arbico

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

Key Highlights

  • Revenue decline by -8.5% to N5.6bn from N6.1bn in the previous quarter.

  • Profit before tax grew by 769% to N645m.

  • Profit after tax declined by 21.6% to N414m.

  • Net Assets stood at -N156m.

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