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Home Markets Equities Company Results

Daar Communications Plc reports over 100% increase in profit after tax in H1, 2021

Chidi Emenike by Chidi Emenike
July 26, 2021
in Company Results, Markets
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Daar Communications Plc released its unaudited financial statements for the period ended 30th of June, 2021.

  • Revenue for the period was N1.91billion. (+30.4% YoY)
  • Cost of sales was N1.08 billion. (+3.6% YoY)
  • Administrative expenses totalled N743.7 million. (-13.4% YoY)
  • Profit for the year was N36.1 million. (+106.9% YoY)
  • Total assets for the period stands at N14.55 billion.

See link to results.

 

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Tags: Company Financial ResultsDaar Communications 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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Comments 0

  1. Alfred Aboloje says:
    July 27, 2021 at 11:29 pm

    Dear Gent,
    How come you made so much profit, yet those who purchased daar communication share for the past 19yrs now can not have dividend from the shared purchased.
    The Assets you’re using to make this profits, isn’t from the shared we purchased. This is very bad 😥☹️ from the side of daar communication.

    Reply
  2. Alfred Aboloje says:
    July 27, 2021 at 11:29 pm

    Dear Gent,
    How come you made so much profit, yet those who purchased daar communication share for the past 19yrs now can not have dividend from the shared purchased.
    The Assets you’re using to make this profits, isn’t from the shared we purchased. This is very bad 😥☹️ from the side of daar communication.

    Reply

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