ROYALEX Releases Q4'18, Q1 and Q2'19 Results; Declares N443.91m Loss in Q2,(SP:N0.22k)

Thursday, August 29, 2019   / 09:21 AM  / NSE

Royal Exchange Plc released its Unaudited second quarter results for the period ended June 30, 2019.

Key Highlights

Gross Earnings declined by 3.44% to N10.28bn from N7.68bn in the previous quarter.

Profit Before Tax declined by 124.78% to N142.09m.

Profit After Tax declined by 148.10% to N187.56m.

Net Assets also grew by 4.6% to N5.34bn from N5.10bn as at December 31, 2018.

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