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Home Sectors Consumer Goods

Tantalizers Plc reports a loss after tax of N422.05 million in FY 2020. 

Chidi Emenike by Chidi Emenike
April 14, 2021
in Consumer Goods
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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.

See link to results.


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Tags: Company Financial ResultsTantalizer 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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Comments 0

  1. InfiniteWorkers says:
    April 16, 2021 at 12:47 am

    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!!!

    Reply
  2. InfiniteWorkers says:
    April 16, 2021 at 12:47 am

    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!!!

    Reply

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