Ardova Plc Declares N1.9bn PAT in 2020 Audited Results, Proposes 19k Final Dividend; (SP:N16.25k)

Thursday, March 04, 2021 / 11:22 AM / by NSE / Header Image Credit: Ardovaplc

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

Key Highlights

• Revenue grew by 3% to N182bn from N177bn in the previous quarter.

• Profit before tax declined by 38% to N2.9bn.

• Profit after tax declined by 53% to N1.9bn.

• Net Assets grew by 12% from N16bn to N18bn.

Visit Ardova Plc IR Page in Proshare MARKETS

Related News

1.          ARDOVA Approves 2020 Audited Results Recommends Payment of Final Dividend...

2.         ARDOVA Notifies of Board Meeting Date and Commencement of Closed Period...

3.         Ardova Plc Announces Change of Registered Address...

4.         Ardova Signs Lubricants Deal With Shell in the Nigerian Market...

5.         Ardova Plc Declares N1.9bn PAT in Q3 2020 Result SP N12.65k ...

6.         Ardova Plc Notifies of Board Meeting Date and Commencement of Closed Period...

7.         Ardova Plc Declares N1.01bn PAT in Q2 2020 Results, (SP:N12.15k)

8.        Ardova Plc Q2'20 Unaudited Results - Cost Efficiency Results in Operating Profit in Q2'20

9.         ARDOVA Plc Notifies of Board Meeting Date And Commencement of Closed Period for Q1 2020

10.     ARDOVA 2019FY: Divestment and Subsidy Gains Provide Facelift for Earnings