CAVERTON declares N766m PAT in Q2 2020 Results, (SP:N1.81k)


Monday, August 03, 2020 / 2:41 PM / By NSE / Header Image Credit: Caverton Support Offshore Group Plc

Caverton Offshore Support Group released its Q2 2020 Unaudited results for the period ended June 30th, 2020.

Key Highlights

  • Revenue declined by -5% to N16bn from N16.9bn in the previous quarter.

  • Profit before tax declined by 66% to N889m.

  • Profit after tax declined by 55% to N766m.

  • Net Assets grew by 0.5% from N21.4bn to N21.5bn.

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