VITAFOAM Declares N818.7m PAT in Q1 2020 Result,(SP:N5.00k)


Monday, January 27, 2020 /2:25 PM /  By NSE / Header Image Credit: Vitafoam Nigeria 

Vitafoam Nigeria Plc released its Q1 2020 results for the period ended December 31st, 2019.

Key Highlights

  • Revenue declined by -6.3% to N5.98bn from N6.39bn in the previous quarter.

  • Profit before tax grew by 129.8% to N1.2bn.

  • Profit after tax grew by 126.5% to N819.7m.

  • Net Assets also grew by 14% to N6.81bn from N5.97bn.

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