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Ardova Plc posts profit after tax of N858.7 million in Q1 2021.

Ardova Plc released its unaudited results for the first quarter of the year (Q1, 2021). Revenue for the period was N41.99 billion. (+0.8% YoY) Cost of sales was N38.6 billion. (+0.5% YoY) Administrative expenses totalled N1.5 billion. (+7.4% YoY) Operating profit for the period was N1.4 billion. Profit after tax was N858.7 million. (+1% YoY) […]

Ardova Plc released its unaudited results for the first quarter of the year (Q1, 2021).

  • Revenue for the period was N41.99 billion. (+0.8% YoY)
  • Cost of sales was N38.6 billion. (+0.5% YoY)
  • Administrative expenses totalled N1.5 billion. (+7.4% YoY)
  • Operating profit for the period was N1.4 billion.
  • Profit after tax was N858.7 million. (+1% YoY)
  • Earnings per share of 66 kobo Vs 65 kobo YoY.

See link to results.





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