DAARCOMM Declares N1.3bn Loss in 2019 Audited Result, (SP:N0.33k)


Wednesday, June 10, 2020 / 7:15 PM / NSE / Header Image Credit: Daar Communications

Daar Communications Plc released its 2019 Audited results for the period ended December 31st, 2019.

Key Highlights

  • Revenue grew by 11.1% to N5.2bn from N4.6bn in the previous quarter.

  • Loss before tax stood at N1.7bn.

  • Loss after tax stood at N1.4bn.

  • Net Assets declined by -18.7% to N6bn from N7.4bn.

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