RAKUNITY declares N14.5m Loss in 2019 Q4 Unaudited Results,(SP:N0.30k)


Friday, January 07, 2020 / 06:45 AM / By NSE/ Header Image Credit: Rak Unity Petroleum Plc

Rak Unity Petroleum Plc released its Q4 Unaudited 2019 results for the period ended December 31st, 2019.

Key Highlights

Revenue declined by -53.8% to N4.4bn from N9.6bn in the previous quarter.

Loss before tax stood at N21.4m.

Loss after tax stood at N14.5m.

Net Assets also declined by -3.4% to N576.9m from N597.1m.

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