RAKUNITY Declares N63m Loss in Q4 2020 Unaudited Results, (SP:N0.30k)

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Saturday February 13, 2021 / 10:59AM / by NSE / Header Image Credit: Rak Unity Petroleum 


Rak Unity Petroleum Plc released its Q4 2020 Unaudited results for the period ended December 31st, 2020.


Key Highlights

  • Revenue declined by -68% to N1.4bn from N4.4bn in the previous quarter.

  • Loss before tax stood at N56m.

  • Loss after tax stood at N63m.

  • Net Assets declined by -11% from N552m to N489m.


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