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ABC Transport reports a loss of N478.9 million in FY 2020.

ABC Transport Plc released its full-year audited results for the year ended 31st December 2020. Revenue for the year was N7.8 billion. (+16% YoY) Direct costs of N6.5billion. (+25% YoY) Administrative expenses totaled N1.6 billion. (+17.3% YoY) Loss from continuing operations was N478.9 million. Loss per share of 29 kobo. No dividend announcement was made. […]

ABC Transport Plc released its full-year audited results for the year ended 31st December 2020.

  • Revenue for the year was N7.8 billion. (+16% YoY)
  • Direct costs of N6.5billion. (+25% YoY)
  • Administrative expenses totaled N1.6 billion. (+17.3% YoY)
  • Loss from continuing operations was N478.9 million.
  • Loss per share of 29 kobo.
  • No dividend announcement was made.

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