Arbico Plc records a loss of N1 billion in half year 2021.

Arbico Plc released its unaudited financial statements for the period ended June 30, 2021. Revenue for the period was N2 billion. (-37.7% YoY) Cost of sales was N1.53 billion. (-70.8% YoY) Operating expenses totalled N1.52 billion. (+228.3% YoY) Loss for the period was N1 billion Loss per share of 6.74 kobo. (-1,348% YoY) Total assets […]