ETERNA Declares N67m Loss in Q2 2020 Unaudited Results, (SP:N2.00K)

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Wednesday, August 05, 2020 / 2:30 PM / NSE  / Header Image Credit: Eterna Oil Plc


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


Key Highlights

  • Revenue declined by -81.7% to N28.5bn from N155.8bn in the previous quarter.

  • Profit before tax declined by 56.5% to N72m.

  • Loss after tax stood at N67m.

  • Net Assets declined by -0.5% from N12.4bn to N12.3bn.

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