MORISON Declares N99.4 m loss in 2019 Q4 Unaudited Result,(SP:N0.5k)

Monday, February 03, 2020/06:15PM  / by NSE / Header Image Credit: Morison Industries Plc 

Morison Industries Plc released its Q4 Unaudited 2019 results for the period ended December 31st, 2019.

Key Highlights

Revenue declined by -31.9% to N94.1m from N138.2m in the previous quarter.

Loss before tax stood at N99.4m.

Loss after stood at N99.4m.

Net Assets also declined by -40.3% to N151.4m from N253.7m.

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