2014 Q1: Losses & Revenue Drop Continues To Be Served By Tantalizers…See details

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Tantalizers Plc released its 2014 Q1results showing a revenue of drop of 11% to N799million compared to N899million a year earlier. See keynotes

• Gross profit dropped 10% to N362million (2012: N405million).
• Gross profit remained flat at 45%
• Lossbefore tax for the quarter was N109million (2012 N126million loss)
• The company also reported a loss after tax of N564million when it released its 2013 audited accounts
• Tantalizers now has a negative retained earnings of N1.1billion)

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