New report shows that Julius Berger rang up in administrative expenses to N15.748 billion in 2020.
Julius Berger Nigeria Plc has recorded a foreign exchange loss of N3.102 billion which resulted in an after-tax loss of about N1.931 billion in H1, 2020, compared to a profit of N2.835 billion in the corresponding period of 2019.
Further details from the company’s unaudited H1 financial report which was released today on the Nigerian Stock Exchange website, revealed that the construction firm recorded revenue of N102.055 billion during the first half of the year, as against N131.783 billion in 2019. Gross profit fell from N29.849 billion to N18.633 billion in 2020.
Julius Berger Nigeria Plc has recorded a foreign exchange loss of N3.102 billion which resulted in an after-tax loss of about N1.931 billion in H1, 2020, compared to a profit of N2.835 billion in the corresponding period of 2019.
Further details from the company’s unaudited H1 financial report which was released today on the Nigerian Stock Exchange website, revealed that the construction firm recorded revenue of N102.055 billion during the first half of the year, as against N131.783 billion in 2019. Gross profit fell from N29.849 billion to N18.633 billion in 2020.
