Japaul Gold and Ventures Plc reports a loss after tax of N257.5 million in HY 2021

Japaul Gold and Ventures Plc released its financial results for the half year period ended 30th of June, 2021.

• Turnover for the period was N313.6 million. (-4.1% YoY)
• Cost of sales was N221.9 million. (+27.9% YoY)
• Administrative costs totalled N408.4 million. (-11% YoY)
• An operating loss of N256.8 million was incurred during the period.
• Loss for the year from continued operations was N257.5 million.
• Net assets during the period stood at N2.56 billion.

See link to results.