Chellarams released its 2015 Q1 results and recorded a 25% drop in revenue from N7.1billion to N5.3billion, although the Profit after tax rose 115%.
Summary of the result below…
| Chellarams Q1 2015 | 2015 | 2014 | |
| N’m | N’m | ||
| Revenue | 5,396 | 7,167 | -25% |
| Gross Profit | 962 | 702 | 37% |
| Operating Expenses | -623 | -761 | -18% |
| Pre-tax profits | 22 | -147 | 115% |
| Profit After Tax | 22 | -147 | 115% |
| Current Share Price | 3.95
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