MORISON Declares N13.2m Loss in Q1 2020 Result, (SP:N0.6k)

Friday, June 26, 2020 / 09:35 AM / by NSE/ Header Image Credit: Morison Industries

Morison Industries Plc released its Q1 2020 Unaudited results for the period ended March 31st, 2020.

Key Highlights

• Revenue grew by 53.5% to N39m from N25m in the previous quarter.

• Loss before stood at N13.2m.

• Loss after tax stood at N13.2m.

• Net Assets declined by -8.8% from N136.4m to N149.5m.

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