TOURIST Declares N6.5bn loss in Q4 2020 Results, (SP:N2.84k)


Tuesday, February 09, 2021  / 2:18PM / by NSE / Header Image Credit: The Tourist Company of Nigeria

The Tourist Company of Nigeria Plc released its Q4 2020 Unaudited results for the period ended December 31st, 2020.

Key Highlights

  • Revenue declined by -58.2% to N528m from N1.3bn in the previous quarter.

  • Loss before tax stood at N6.5bn.

  • Loss after tax stood at N6.5bn.

  • Net Assets declined by -55.5% from N11bn to N5bn.

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