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Home Business News

Tiger Branded Consumer Goods Declares N900 million Loss In Q1’15

Editor by Editor
February 2, 2016
in Business News
Tiger Branded Company Loses N1.8 Billion To Naira Devaluation

Tiger Brand Logo Nairametrics File Copy

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Tiger Branded Consumer Goods Plc released its financial results for the 3 months ended 31 December 2015.

The result showed that revenue rose marginally by 0.07% from N10.66 billion in 2014 to N10.67 in 2015.

The company made a loss before tax of N975 million in Q1 2015, which was a 67% reduction, compared to the N2.9 billion loss in Q1 2014, while the loss after tax was N900 million down 69% from N2.9 billion in 2014.

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