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Home Markets Equities Company Results

2021 Q1 Results: FTN Cocoa Processor Plc reports loss after tax of N162.21 million

Chidi Emenike by Chidi Emenike
May 5, 2021
in Company Results, Markets
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FTN Cocoa Processor Plc released its unaudited results for the first quarter of the year (Q1, 2021).

  • Revenue for the period was N56.3 million. (-30.8% YoY)
  • Cost of sales was N112.72 million. (-43.2% YoY)
  • Operating expenses totalled N41.15 million. (-18.5% YoY)
  • A loss after tax of N162.21 million was recorded.
  • Loss per share of -7kobo Vs -4kobo YoY.

See link to results.

Tags: Company Financial ResultsFTN Cocoa Processor 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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