TOURIST Declares N1.5bn loss in Q4 2019 Results,(SP:N3.15k)


Thursday, January 30, 2020 / 7:58 AM / NSE / Header Image Credit: TCN

Tourist Company of Nigeria Plc released its Q4 2019 results for the period ended December 31st, 2019.

Key Highlights

  • Revenue declined by -9.3% to N1.3bn from N1.4bn in the previous quarter.

  • Loss before tax stood at N1.47bn.

  • Loss after stood at N1.49bn.

  • Net Assets also declined by -27.4% to N11.2bn from N12.7bn.

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