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..

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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

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