Afromedia Plc posts ₦1.7 billion loss in 2016

Afromedia Plc has released its audited financial statements results for the year ended 30th September 2016.

 Turnover

2015: ₦407.25 million

2016: ₦494.4 million.

%Change: 21.4%

Loss before tax

2015: ₦2.7 billion

2016:₦1.76 billion

%change:-34.8%

Earnings per share

2015:   -62kobo

2016:   -40kobo

% change:-35.5%

Here is a copy of the result