Chams Plc reports a loss after tax of N69.1 million in Half Year 2021.

Chams Plc released its unaudited interim financial results for the six months period ended 30th of June, 2021.

• Revenue for the period was N1.63 billion. (+79.1% YoY)
• Cost of sales was N1.17 billion. (+156.4% YoY)
• An operating profit of N6.77 million was recorded. (-90.8% YoY)
• Administrative expenses totalled N497.98 million. (+25.9% YoY)
• Loss after tax for the period was N69.1 million.
• Loss per share of -1 kobo Vs -0.2 kobo YoY.
• Total assets for the period stood at N8.49 billion.

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