MORISON Declares N30.81m Loss in Q1 2019 Result,(SP:N0.55k)

Friday, May 03, 2019  /  06.22PM  / NSE

Morison Industries Plc released its Audited fourth quarter results for the year ended December 31, 2018.

Key Highlights

Revenue grew by +29% to N25.33mln from N19.57mln in the previous quarter.

Loss for the period  grew by 20% to N30.81mln

Net Assets also declined by 12% to N222.88mln from N253.69mln as at 31st December, 2018.

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Graph – One Year Share Price Movement

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