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[Corporate Action] Arbico Plc Posts N252m Loss in 2014

Arbico Plc released its 2014 Full Year Results to the Nigerian Stock Exchange. The company made a N252million Loss before tax, this showed a 184% drop compared with its 2013 result in which the company made a N278million profit. See Summary of result below.. ARBICO PLC FULL YEAR Dec-14 Dec-13 % Change N’m N’m Revenue 3,717 […]

[Corporate Action] Arbico Plc Posts N252m Loss in 2014

Arbico Plc released its 2014 Full Year Results to the Nigerian Stock Exchange. The company made a N252million Loss before tax, this showed a 184% drop compared with its 2013 result in which the company made a N278million profit. See Summary of result below..

ARBICO PLC FULL YEAR Dec-14 Dec-13 % Change
N’m N’m
Revenue 3,717 3,350 10.96%
Gross Profit 539 936 -42.41%
Operating Expenses -835 -648 28.86%
Pre-tax Loss -252 297 -184.85%
Loss After Tax -259 278 -193.17%
Current Share Price 5.30

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