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Home Industries Company News

[Corporate Action] Tantalizers Records N461 million Loss In Q3’2015

Research Team by Research Team
October 30, 2015
in Company News
Tantalizers Is Seeking New Equity as Net Loss Hits N784 Million
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Tantalizers released its financial results for the nine months ended 30 September 2015.

The result showed that revenue dropped by 48.72% from N2.9 billion Q3’2014 to N1.4 billion in Q3’2015.

The company also made a loss before tax of N462 million in Q3’2015, a 40% improvement compared to its N771 million loss in Q3’2014.

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Tantalizers Nigeria Q3 2015 2015 2014 % Change
N’m N’m
Revenue 1,497 2,919 -48.72%
Gross Profit 619,881 1,268 48786.51%
Operating Expenses -1,175 -2,014 -41.66%
Loss before Taxation -462 -771 -40.08%
Loss after Taxation -462 -771 -40.08%
Share Price (As at Press time)  0.50

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