Trans Nationwide Express Plc reports half year loss of N48.7 million

Trans Nationwide Express Plc released its unaudited financial results for the period ended June 30, 2021.

• Revenue for the period was N333.99 million. (+5.3% YoY)
• Direct cost of N174.03 million. (+24.5% YoY)
• Administrative expenses totalled N255.42 million. (+0.1% YoY)
• Total assets for the period stood at N917.41 million. (+16.7% YoY)
• Loss for the period was N48.7 million.
• Loss per share of -0.10 kobo Vs -0.17 kobo YoY

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