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Nascon Allied Industries Plcreleased its Q1 2020 Unaudited results for the period ended March 31st

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Simonson Harry

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Nascon Allied Industries Plcreleased its Q1 2020 Unaudited results for the period ended March 31st, 2020.



Key Highlights



  • Revenue grew by 0.8% to N6.9bn from N6.8bn in the previous quarter.
  • Profit before tax declined by 9.7% to N923m.
  • Profit after tax declined by 9.7% to N628m.
  • Net Assets declined by -6.9% to N11.7bn from N12.6bn.
 
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