MCNICHOLS Declares N15.44 million PAT in Q3 2019 Results,(SP:N0.49k)


Tuesday, October 29, 2019 / 4:57 PM / NSE / Header Image Credit: McNichols Plc

McNichols Consolidated Plc released its Q3 unaudited 2019 results for the period ended September 30th, 2019.

Key Highlights

Revenue declined by -17.7% to N527.41m from N640.96m in the previous quarter.

Profit before tax declined by 47.3% to N18.83m.

Profit after tax declined by 44.6% to N15.44m.

Net Assets also declined by 0.9% to N345.43m from N348.62m as at September 30, 2019.

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