Trans Nationwide Express Plc profit after tax slumps by over 95% in Q1 2021

Trans Nationwide Express Plc released its unaudited results for the first quarter of the year (Q1, 2021).

  • Revenue for the period was N179.73 million. (-6% YoY)
  • Direct cost of N91.5 million. (+10.3% YoY)
  • Administrative expenses of N100.8 million. (+2.3% YoY)
  • Profit after tax of N475k (-95.04% YoY)
  • Earnings per share of N0.002 Vs N0.04 YoY.

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