RT Briscoe recorded a N489million loss in its 2015 Q1 results just released. The company’s revenue also declined 44% from N6billion in 2014 to N3.3billion in 2015.
See summary of result below…
| RT Briscoe Q1 | 2015 | 2014 | % Change |
| N’m | N’m | ||
| Revenue | 3,351 | 6,026 | -44% |
| Gross Profit | 505 | 732 | -31% |
| Operating Expenses | -467 | -509 | -8% |
| Pre-tax profits | -489 | -144 | 240% |
| Profit After Tax | -489 | -144 | 240% |
| Current Share Price | 0.57 |