VITAFOAM Declares N2bn PAT in Q3 2020 Result, (SP:N5.75k)


Tuesday, August 4, 2020 / 10:54AM / NSE / Header Image Credit: Vitafoam Nigeria

Vitafoam Nigeria Plc released its Q3 2020 Unaudited results for the period ended June 30th, 2020.

Key Highlights

  • Revenue declined by -6% to N16.5bn from N17.5bn in the previous quarter.

  • Profit before tax grew by 88% to N3bn.

  • Profit after tax grew by 94% to N2bn.

  • Net Assets grew by 26% from N6bn to N7.5bn.

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