RAKUNITY declares N17m Loss in Q2 2020 Unaudited Results, (SP:N0.30k)


Tuesday, August 11 2020 / 5:44 PM / by NSE / Header Image Credit: Rak Unity Petroleum

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

Key Highlights

  • Revenue declined by -60% to N1.2bn from N2.9bn in the previous quarter.

  • Loss before tax stood at N11m.

  • Loss after tax stood at N17m.

  • Net Assets declined by -3% from N552m to N535m.

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