DAARCOMM Declares N525m Loss in Q2 2020 Result, (SP:N0.33k)


Friday, August 07, 2020 / 2:51 PM / NSE / Header Image Credit: Daar Communications Plc

Daar Communications Plc released its Q2 2020 Unaudited results for the period ended June 30th, 2020.

Key Highlights

  • Revenue declined by -19% to N1.5bn from N1.8bn in the previous quarter.

  • Loss before tax stood at N525m.

  • Loss after tax stood at N525m.

  • Net Assets declined by -9.4% from N6bn to N5.4bn.

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