NCR (NIGERIA) PLC Records a Decline of 66.73% in Profit for the Period in Q3 2021

NCR (NIGERIA) PLC released its unaudited financial results for the third quarter of the year ended 30th of September 2021.

  • Revenue during the period was N1.96 billion. (-48.95% YoY)
  • Cost of sales stood at N1.57 billion. (-54.66% YoY)
  • Distribution expenses for the period was N126.80 million. (-32.39% YoY)
  • Administrative expenses of N84.98 million was recorded. (-11.82% YoY)
  • Profit for the period was N25.30 million (-66.73%)
  • Total assets during the period stood at N5.98 billion. (-412.70 Mn YoY)
  • Earnings per share of 23 kobo Vs 70 kobo YoY.

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