Studio Press Plc released its full-year results for the year ended 31st December 2020.
- Revenue for the year was N11.5 billion. (+11% YoY)
- Cost of sales was N10.02 billion. (+19% YoY)
- Administrative expenses totaled N893.82 million. (+0.5% YoY)
- Operating profit was N620.3 million (-44% YoY)
- Profit after tax was N37.6 million. (-87% YoY)
- Earnings per share of 6 kobo Vs 48 kobo YoY.
- No dividend announcement was made.
See link to results.