Premier Paints revenue plunges to ₦190 million in 2017

Premier Paints Plc today released its financial statements for the year ended December 2017. Revenue fell sharply from ₦281 million in 2016 to ₦190 million in 2017.

The company’s loss before tax worsened from ₦32 million in 2016 to ₦76million in 2017. Loss after tax also increased from ₦33.5 million in 2016 to ₦53 million in 2017. The company declared no dividend.

Here is a copy of the result.