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Nairametrics
Home Markets Equities Company Results

eTranzact International Plc posts N1.9 billion loss in FY 2020.

Chidi Emenike by Chidi Emenike
April 1, 2021
in Company Results, Markets
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eTranzact International Plc released its full-year results for the year ended 31st December 2020.

  • Revenue for the year was N22.7 billion. (-9.8% YoY)
  • The cost of sales was N21.58 billion. (-6.9% YoY)
  • An operating loss of N2.14 billion was incurred.
  • Administrative expenses was N1.11 billion (+34.45% YoY)
  • A loss after tax of N1.9 billion was incurred.
  • Loss per share of 45 kobo.
  • No dividend announcement was made.

See link to results.

.

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Tags: Company Financial ResultseTRANZACT International Plc
Chidi Emenike

Chidi Emenike

Chidi Emenike is a graduate of economics, a Young African Leadership Initiative Fellow and an Investment Foundations certificate holder. He worked as a graduate Teaching Assistant in the Federal College of Education Kano and is also a trained National Peer Group Educator on Financial Inclusion

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