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Home Markets Equities Company Results

2021 Q1 Results: eTranzact International Plc profit surges by 113% YoY.

Chidi Emenike by Chidi Emenike
May 3, 2021
in Company Results, Markets
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eTranzact records 88.2% year-on-year revenue growth in Q3 2023  

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

  • Revenue for the period was N5.18 billion. (-12.1% YoY)
  • Cost of sales for the period was N4.7 billion. (-16% YoY)
  • Administrative expenses of N447.9 million. (-8.83% YoY)
  • Operating loss of N8.31million was made.
  • Profit for the period was N23.9 million. (+113.1% YoY)

See link to results.

Tags: Company Financial ResultseTRANZACT International 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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