Academy Press Plc reports Loss for the period of N197.20 million in second quarter result

Academy Press Plc released its unaudited financial results for the second quarter of the year ended 30th of September 2021.

• Revenue during the period was N2.11 billion. (+285.57% YoY)
• Cost of sales stood at N1.54 billion. (+352.72% YoY)
• Gross profit for the period was N570.73 million. (+175.45% YoY)
• Results from operating activities of N286.50 million was recorded. (+380.88% YoY)
• Loss for the period stood at N197.20 million (+30.71%)
• Total assets during the period stood at N2.41 billion. (+182.50 Mn YtD)
• Earnings per share of 33 kobo Vs loss of 25 kobo YoY.

See full result here