OMATEK Declares N1.4bn Loss in Audited 2019 Results, (SP:N0.28k)

Tuesday, June 09, 2020 / 5:24 PM / NSE / Header Image Credit: NITDA

Omatek Ventures Plc released its 2019 Audited results for the period ended December 31st, 2019.

Key Highlights

• Revenue declined by -94% to N1m from N18m in the previous quarter.

• Loss before tax stood at N1.3bn.

• Loss after tax stood at N1.4bn.

• Net Assets also stood at -N7.3bn.

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