MEYER Declares N60.7m Loss in Q2 2020 Results, (SP:N0.91k)

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Wednesday, July 29, 2020 / 12:07 PM / By NSE / Header Image Credit: DN Meyer Plc


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


Key Highlights

  • Revenue declined by -34.8% to N394m from N604m in the previous quarter.

  • Loss before tax stood at N59m.

  • Loss after tax stood at N60.7m.

  • Net Assets declined by -9.35% from N650m to N589m.

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