INITSPLC Declares N21.14m PAT in Q2 2019 Results,(SP:N0.67k)


Thursday, August 08, 2019 02:29PM / NSE 

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


Key Highlights 

Revenue declined by -33.4% to N267.96m from N402.32m in the previous quarter.

PBT declined by 76.1% to N28.19m

PAT declined by 76.1% to N21.14m

Net Assets also declined by 7.6% to N748.77m from N810.18m as at 31st December, 2018.

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Graph – One Year Share Price Movement 

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