Afromedia Plc released its unaudited results for the first quarter of the year (Q1, 2021).
- Turnover for the period was N65.9 million. (-16.1% YoY)
- Cost of sales was N48.2 million. (+26% YoY)
- Administrative expenses totalled N47.63 million. (+27.6% YoY)
- Operating loss of N25.3 million was incurred for the period.
- Loss after tax for the period was N27.3 million. (-1,076.2% YoY)
See link to results.