OMATEK Declares N1.06m Loss in Audited 2016 results (SP:N0.50k)


Monday, October 7, 2019 / 12:57 PM / By NSE

Omatek Ventures Plc released its Audited results for the period ended December 31, 2016.


Key Highlights 

Revenue declined by -10.7% to N277.03m from N310.39m in the previous quarter.

Loss Before Tax grew by 11.9% to N1.05bn.

Loss After Tax grew by 12.1% to N1.06bn.

Net Assets also declined by 45.32% to N3.41bn from N2.35bn as at December 31, 2018.

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