2020 FY Results: Courteville Business Solutions Plc posts profit of N153.6 million.

Courteville Business Solutions Plc released its full-year results for the year ended 31st December 2020.

• Revenue for the year was N1.69 billion. (-14.8% YoY)
• Cost of sales was N693.1 million. (+22.3% YoY)
• General and administrative expenses totaled N491.4 million. (-2% YoY)
• Operating profit was N207.62 million. (-42.6% YoY)
• Profit for the year was N153.6 million. (-3.84% YoY)
• A dividend of 3 kobo per share was approved by the board.

See link to results.