DAARCOMM Declares N623.28m Loss in Q2 2019 Results,(SP:N0.40k)

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Thursday, August 01, 2019  / 09:34PM /  NSE


Daar Communications Plc released its unaudited second quarter results for the period ended June 30, 2019.

 

Key Highlights

Revenue declined by -8.4% to N1.82bn from N1.99bn in the previous quarter.

Loss Before Tax grew by 58.7% to N623m.

Loss After Tax grew by 51.1% to N623m.

Net Assets also declined by 6.4% to N6.89bn from N7.36bn as at December 31, 2018.

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