![[Corporate Action] Scoa Nigeria Records N421 million Loss In Q3’2015](https://nairametrics.com/wp-content/uploads/2015/10/logo-SCOA-ng.gif){kind=logo}
Scoa Nigeria released its financial results for the nine months ended 30 September 2015.
The result showed that revenue declined by 40.84% from N6.4 billion in Q3’2014 to N3.8 billion in Q3’2015.
The company also made a loss of N421 million in Q3’2015.
See Summary of result below..
| SCOA NIGERIA PLC Q3 2015 | 2015 | 2014 | % Change |
| N’m | N’m | ||
| Revenue | 3,810 | 6,440 | -40.84% |
| Gross Profit | 943 | 1,422 | -33.68% |
| Operating Expenses | -780 | -1,148 | -32.06% |
| Loss before tax | -421 | 87 | N/A |
| Loss After Tax | -421 | 179 | N/A |
| Share Price (As at Press time) | N4.16 |
![[Corporate Action] Staco Insurance Records 22% Decline in Pre-tax Profits to N437 million](https://nairametrics.com/wp-content/uploads/2015/10/logo.jpg){kind=logo}
