SKYAVN Releases Q2 2019; Declares N313.13mln PAT in Q2 2019 Result,(SP:N4.65k)

Proshare

TuesdayJuly 30, 2019 6:41 PM / NSE


Skyway Aviation Handling Company Plc released its Q2 Unaudited Results for the Period ended June 30, 2019.

 

Key Highlights

Revenue grew by 23.5% to N3.51bn from N2.84bn in the previous year.

Profit Before Tax spiked by 353.3% to N338.39m from N133.62m loss recorded in the previous year.

Profit After Tax also spiked by 175.5% to N171.50m.

Net Assets increased marginally by 0.9% to N19.13bn from N18.96bn as at 31st December, 2018.

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Graph – One Year Share Price Movement

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