2021 H1 Results: Japaul Gold and Ventures Plc reports half year loss of N257.54 million.

Japaul Gold and Ventures Plc released its unaudited financial results for the period ended June 30, 2021.

• Turnover for the period was N313.62 million. (-4.1% YoY)
• Cost of sales was N221.9 million. (+27.9% YoY)
• Administrative cost of N408.4 million. (-11% YoY)
• An operating loss of N256.8 million was incurred.
• Net assets during the period stood at N2.56 billion.
• Loss for the year from continued operations of N257.54 million.(-772.6% YoY)

See link to results.