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2021 Q1 Results: Arbico Plc reports a 94% decline in profit to N56.7 million in Q1 2021.

Arbico Plc released its unaudited results for the first quarter of the year (Q1, 2021). Revenue for the period was N836.9 million. (-61.9% YoY) Cost of sales was N539.8 million. (-49.5% YoY) Operating expenses totalled N298.64 million. (+28% YoY) Profit for the period was N56.7 million. (-93.7% YoY) Earnings per share of 0.4 kobo Vs […]

Arbico Plc released its unaudited results for the first quarter of the year (Q1, 2021).

  • Revenue for the period was N836.9 million. (-61.9% YoY)
  • Cost of sales was N539.8 million. (-49.5% YoY)
  • Operating expenses totalled N298.64 million. (+28% YoY)
  • Profit for the period was N56.7 million. (-93.7% YoY)
  • Earnings per share of 0.4 kobo Vs 6.1 kobo YoY.

See link to results.




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