VITAFOAM Declares N1.7bn PAT in Q2 2020 Result,(SP:N4.51k)

Wednesday, April 29, 2020 / 12:17 PM / by NSE / Header Image Credit:  Vitafoam Nigeria

Vitafoam Nigeria Plc released its Q2 2020 Unaudited results for the period ended March 31st, 2020.

Key Highlights

• Revenue declined by -7.6% to N12bn from N13bn in the previous quarter.

• Profit before tax grew by 112.7% to N2.4bn.

• Profit after tax grew by 128.9% to N1.7bn.

• Net Assets grew by 18.9% to N7bn from N6bn.

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