RAKUNITY Declares N12.14m Loss in Q1 2019 Results,(SP:N0.50k)

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Friday, May 03, 2019  /  09.36AM  / NSE


Rak Unity Petroleum Plc released its unaudited first quarter results for the period ended March 31, 2019.

 

Key Highlights

Revenue declined by -22.87% to N1.67bln from N2.17bln in the previous quarter.

Loss Before Tax declined by 23.70% to N17.85mln

Loss After Tax declined by 23.70% to N12.14mln

Net Assets also declined by 2.03% to N584.93mln from N597.07mln as at 31st December, 2018.


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