FTNCOCOA Declares N664m Loss in Q4 2020 Unaudited Results, (SP:N0.53k)


Wednesday, February 10, 2021 / 8:09PM / By News Aggregator / Header Image Credit: FTN Cocoa Processors

FTN Cocoa Processors Plc released its Q4 2020 Unaudited results for the period ended December 31st, 2020.

Key Highlights

  • Revenue declined by -65% to N235m from N672m in the previous quarter.

  • Loss before tax stood at N664m.

  • Loss after tax stood at N664m.

  • Net Assets also stood at -N1.2bn.

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