ALERT: Oando’s Losses Continue, Post N87.5b Pretax loss

Oando Plc released its 2016 result for the nine months ended 30 September 2016 ; See below

Revenue N’m

2016 9 Months|  N227,846

2015 9 Months| N134,762

%age Change|   69%

Pre-tax Loss N’m

2016 9 Months|  N-87,515.9

2015 9 Months| N-44,150.5

%age Change|   98%

EPS (K)

2016 9 Months| -467

2015 9 Months| -345

%age Change|   35%

This result was officially released on the 31st of October 2016.

[gview file=”https://cdn.nairametrics.com/wp-content/uploads/2016/10/OANDO_PLC_-_Q3_SEPT_2016_FINANCIAL_STATEMENTS_OCTOBER_2016.pdf”]

Source: Nigerian Stock Exchange