Ardova Plc Declares N1.01bn PAT in Q2 2020 Results, (SP:N12.15k)


Tuesday, August 11 2020 / 6:15 PM / by NSE / Header Image Credit: BusinessDay NG

Ardova Plc released its Q2 2020 Unaudited results for the period ended June 30th, 2020.

Key Highlights

  • Revenue grew by +5.5% to N87.31bn from N82.78bn in the previous quarter.

  • Profit before tax declined by 81.5% to N1.71bn.

  • Profit after tax declined by 81.4% to N1.01bn.

  • Net Assets grew by 6.3% from N16.16bn to N17.17bn.

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