AFROMEDIA SEES RED – POST Q1 PRE-TAX LOSS OF N68MILLION

Afromedia Plc released its first quarter ending December 2012 unaudited results with revenue dropping 55% to N313m. Operating profit dropped 90% to about N18m just as the company posted a pre-tax loss of N68m. Things seem to be getting worse for the company following their whopping loss after tax of N4.4billion at the end of their last financial year. See results below;

AFROMEDIA PLC Q1 UNAUDITED RESULTS DECEMBER 31 2012

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