Notore Chemical Industries Plc releases FY 2018 results

Notore Chemical Industries Plc has released its results for the financial year ended September 30, 2018.

Here are highlights of the results

Revenue

Revenue dropped from N35.6 billion in 2017 to N26.8 billion in 2018. This amounts to a 24.7% decline year on year.

Profit/Loss before tax

The firm made a loss before tax of N3.6 billion in 2018.

Profit/Loss after tax

Loss after tax also stood at N2 billion as against a profit after tax of N8.6 billion recorded in 2017.

Current Share Price

Notore is currently trading at N62.50 in today’s trading session on the Nigerian Stock Exchange.

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Author: see naija

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