MORISON Declares N59.18 million Loss in Q2'19 Result,(SP:N0.50k)

Thursday, August 08, 2019   /12:06PM / By NSE

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

Key Highlights 

Revenue declined by -41.94% to N44.09m from N75.95m in the previous quarter.

Loss Before Tax grew by 12.53% to N59.18m.

Loss After Tax grew by 12.53% to N59.18m.

Net Assets also declined by 24.1% to N192.66m from N253.69 as at December 31, 2018.

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