CAVERTON Declares N1.2bn PAT in Q3 2020 Results, (SP:N1.97k)

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Wednesday, November 04,  2020 / 5:26 PM / NSE / Header Image Credit: Caverton Support Offshore Group


Caverton Offshore Support Group released its Q3 2020 Unaudited results for the period ended September 30th, 2020.


Key Highlights

  • Revenue declined by -8% to N23.6bn from N25.8bn in the previous quarter.

  • Profit before tax declined by 60% to N1.5bn.

  • Profit after tax declined by 55% to N1.2bn.

  • Net Assets grew by 2.3% from N21.4bn to N21.9bn.


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