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Home Markets Equities Company Results

Morison Industries Plc reports a loss of N107.32 million in FY 2020.

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

  • Revenue for the year was N121.97 million. (+41.6% YoY)
  • Cost of sales was N109.3 million. (+46.2% YoY)
  • Operating expenses totaled N132.46 million. (+12.7% YoY)
  • A loss after tax of N107.32 million was incurred.
  • Loss per share for the period was 11 kobo.
  • No dividend announcement was made.

See link to results.


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Tags: Company Financial ResultsMorison Industries 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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