RAKUNITY Releases 2019 Audited, Q1 2020 Results; declares N1.4m Loss in Q1 2020, (SP:N0.30k)

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Monday, June 01, 2020 / 5:47 PM / By NSE / Header Image Credit: Rak Unity


Rak Unity Petroleum Plc released its Q1 2020 Unaudited results for the period ended March 31st, 2020.


Key Highlights

  • Revenue declined by -51.3% to N816m from N1.7bn in the previous quarter.

  • Profit before tax stood at N2.7m.

  • Loss after tax stood at N1.4m.

  • Net Assets declined by -0.2% to N550m from N552m.

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