Tantalizer Plc has announced its full-year results for the year ended 31st December 2020.
- Revenue for the year was N924.13 million. (-27% YoY)
- Cost of sales was N529.98 million. (-27.4% YoY)
- Administrative expenses totaled N917.52 million. (-2.5% YoY)
- An operating loss of N341.6 million was incurred.
- Loss after tax of N422.05 million.
- Loss per share of 13 kobo.
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Why are the administrative expenses so high? Who is getting high salaries or the rents for buildings???
If the admin expenses were around 300million then they would turn a profit!!!
Why are the administrative expenses so high? Who is getting high salaries or the rents for buildings???
If the admin expenses were around 300million then they would turn a profit!!!