ETERNA Declares N358m Loss in Q1 2020 Unaudited Results; (SP:N2.67K)


Tuesday, May 26, 2020 / 11:25 AM / by NSE / Header Image Credit: Eterna Oil Plc

Eterna Plc released its Q1 2020 Unaudited results for the period ended March 31st, 2020.

Key Highlights

  • Revenue declined by -71% to N17.5bn from N60.5bn in the previous quarter.

  • Loss before tax stood at N274m.

  • Loss after tax stood at N358m. 

  • Net Assets declined by -2.9% to N12.1bn from N12.4bn.

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