2021 Q1 Results: Arbico Plc reports a 94% decline in profit to N56.7 million in Q1 2021.

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

  • Revenue for the period was N836.9 million. (-61.9% YoY)
  • Cost of sales was N539.8 million. (-49.5% YoY)
  • Operating expenses totalled N298.64 million. (+28% YoY)
  • Profit for the period was N56.7 million. (-93.7% YoY)
  • Earnings per share of 0.4 kobo Vs 6.1 kobo YoY.

See link to results.

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