RAKUNITY Declares N32.65m Loss in Q2 2019 Results,(SP:N0.50k)


Wednesday, August 07, 2019   / 02:28PM / NSE

Rak Unity Petroleum Plc released its unaudited second quarter results for the period ended June 30, 2019.


Key Highlights

Revenue declined by -44.80% to N2.90bn from N5.26bn in the previous quarter.

Loss Before Tax grew by 382.28% to N36.61m.

Loss After Tax grew by 484.59% to N32.65m.

Net Assets also declined by 5.47% to N564.41m from N597.07 as at December 31, 2018.

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