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Home Markets Equities Company Results

2020 FY Results: Studio Press Plc records a decline of 87% in Profit after tax.

Chidi Emenike by Chidi Emenike
April 5, 2021
in Company Results, Markets
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Studio Press Plc released its full-year results for the year ended 31st December 2020.

  • Revenue for the year was N11.5 billion. (+11% YoY)
  • Cost of sales was N10.02 billion. (+19% YoY)
  • Administrative expenses totaled N893.82 million. (+0.5% YoY)
  • Operating profit was N620.3 million (-44% YoY)
  • Profit after tax was N37.6 million. (-87% YoY)
  • Earnings per share of 6 kobo Vs 48 kobo YoY.
  • No dividend announcement was made.

See link to results.


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Tags: Company Financial ResultsStudio Press 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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