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Home Markets Equities Company Results

CWG Plc posts profit of N286.4 million in HY 2021.

Chidi Emenike by Chidi Emenike
August 2, 2021
in Company Results, Markets
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CWG Plc released its unaudited financial results for the period ended June 30, 2021.

  • Revenue for the period was N5.97 billion. (+9.8% YoY)
  • Cost of sales was N4.5 billion. (+13.7% YoY)
  • Operating expenses totalled N1.05 billion. (+4.46% YoY)
  • EBITDA of N486.6 million.
  • Profit for the period was N286.41 million. (-9.8% YoY)
  • Total asset for the period stood at N10.53 billion.

See link to results.

Tags: Company Financial ResultsCWG 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. James Agada says:
    August 6, 2021 at 12:12 am

    This is wrong. Profit went up and not down.

    Reply

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