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Scoa Nigeria released its financial results for the nine months ended 30 September 2015.
The result showed that revenue declined by 40.84% from N6.4 billion in Q3’2014 to N3.8 billion in Q3’2015.
The company also made a loss of N421 million in Q3’2015.
See Summary of result below..
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| SCOA NIGERIA PLC Q3 2015 | 2015 | 2014 | % Change |
| N’m | N’m | ||
| Revenue | 3,810 | 6,440 | -40.84% |
| Gross Profit | 943 | 1,422 | -33.68% |
| Operating Expenses | -780 | -1,148 | -32.06% |
| Loss before tax | -421 | 87 | N/A |
| Loss After Tax | -421 | 179 | N/A |
| Share Price (As at Press time) | N4.16 |
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