Daar Communications reports N1.2 billion HY 2017 loss

Daar communications which owns AIT television and Raypower FM recently released its HY 2017 results. See below.

Revenue

2016 6 Months | 2,127,035

2017 6 Months | 1,727,028

%age Change| -23%

Profit Before Tax

2016 6 Months| -984,437

2017 6 Months| -1,262,879

%age Change| -22%

Profit After Tax

2017 6 Months| -1,025,805

2016 6 Months| -1,286,784

%age Change| -20%

EPS (Kobo)

2016 6 Months| -13

2017 6 Months| -16

%age Change| -23%

Here is a copy of the result

This result was officially released on the 24th of August, 2017.