Nigerian Enamelware released its financial results for Q2’2015, the result showed that revenue dropped by 49% from N2.6 billion in Q2 2014 to N1.3 billion in Q2 2015.
Pre-tax profits also dropped by 43% from N122 million in Q2 2014 to N69 million in Q2 2015.
See Summary of result below..
Nigerian Enamelware Q2 2015 | 2015 | 2014 | % Change |
N’m | N’m | ||
Revenue | 1,328 | 2,608 | -49.08% |
Gross Profit | 222 | 408 | -45.59% |
Operating Expenses | -101 | -206 | -50.97% |
Pre-tax profits | 69 | 122 | -43.44% |
Profit After Tax | 48 | 94 | -48.94% |
Share Price (As at Press time) |