Ardova Plc posts N1.78 billion profit in Half Year 2021.

Ardova Plc released its unaudited financial results for the period ended June 30, 2021.

• Revenue for the period was N86.8 billion. (-0.62% YoY)
• Cost of sales was N79.4 billion. (-3.1% YoY)
• Administrative expenses totalled N3.49 billion. (+6.2% YoY)
• An operating profit of N2.65 billion was recorded.
• Profit for the period was N1.78 billion. (+75.9% YoY)
• Earnings per share of N1.36 Vs 78 kobo YoY.

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