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[Corporate Action] Courteville’s Pre-tax Profit Declines By 18% To N299 million In Q3’2015

Courteville Business Solutions released its Q3’2015 financial results. The results showed revenue rose by 15% from N1.1 billion in 2014 to N1.2 billion in Q3’2015. Pre-tax Profits declined by 18% from N365 million in 2014 to N299 million in 2015. See Summary of result below… Other News Stanbic IBTC PMI: Nigeria’s private sector expands for fifth […]

[Corporate Action] Courteville’s Pre-tax Profit Declines By 18% To N299 million In Q3’2015

Courteville Business Solutions released its Q3’2015 financial results.

The results showed revenue rose by 15% from N1.1 billion in 2014 to N1.2 billion in Q3’2015.

Pre-tax Profits declined by 18% from N365 million in 2014 to N299 million in 2015.

See Summary of result below…

Courteville PLC Q3 2015 2015 2014 % Change
N’m N’m
Revenue 1,291 1,116 15.68%
Gross Profit 690 534 29.21%
Operating Expenses -328 -305 7.54%
Pre-tax Profits 299 365 -18.08%
Profit After tax 254 310 -18.06%
Current Share Price  0.50

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