RT Briscoe Nigeria Plc reports a loss of N760.9 million in FY 2020.

RT Briscoe Nigeria Plc released its audited financial results for the year ended 31st of December, 2020.

• Revenue for the year was N6.5 billion. (-6.6% YoY)
• Cost of sales was N5.14 billion. (-2.8% YoY)
• Administrative expenses totalled N1.23 billion. (-3.02% YoY)
• Operating profit was N537.27 million. (+176% YoY)
• Loss for the year was N760.9 million.
• Loss per share from continuing operations of –N0.93 Vs -N1.06 YoY.
• No dividend was declared.

See link to results.