MULTIVERSE Declares N39.8m Loss in Q1 2020 Results, (SP:N0.20k)

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Wednesday, June 24, 2020 / 5:15 PM / By NSE / Header Image Credit: Multiverse Plc


Multiverse Mining & Exploration Plc released its Q1 2020 Unaudited results for the period ended March 31st, 2020.


Key Highlights

  • Revenue declined by -48.3% to N0.8m from N1.6m in the previous quarter.

  • Loss before tax stood at N39.8m.

  • Loss after tax stood at N39.8m.

  • Net Assets declined by -7.2% from N551m to N511m.

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