ROYALEX Releases Q3'19 Results; Declares N96.20m Loss in Q3,(SP:N0.20k)

Wednesday, October 23, 2019 / 10:56 AM / NSE / Header Image Credit: Inspenonline

Royal Exchange Plc released its Q3 unaudited 2019 results for the period ended September 30th, 2019.

Key Highlights

Revenue declined by 2.61% to N12.7bn from N13.04bn in the previous quarter.

Profit before tax declined by 144.57% to N-72.88m.

Profit after tax declined by 186.52% to N-96.20m.

Net Assets also declined by 2.4% to N4.98bn from N5.10bn as at September 30, 2019.

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