Academy Press Plc reports Loss for the period of N197.20 million in second quarter result

Academy Press Plc released its unaudited financial results for the second quarter of the year ended 30th of September 2021.

  • Revenue during the period was N2.11 billion. (+285.57% YoY)
  • Cost of sales stood at N1.54 billion. (+352.72% YoY)
  • Gross profit for the period was N570.73 million. (+175.45% YoY)
  • Results from operating activities of N286.50 million was recorded. (+380.88% YoY)
  • Loss for the period stood at N197.20 million (+30.71%)
  • Total assets during the period stood at N2.41 billion. (+182.50 Mn YtD)
  • Earnings per share of 33 kobo Vs loss of 25 kobo YoY.

See full result here

Academy Press Plc reports a loss of N205.45 million in FY 2020.

Academy Press Plc released its audited financial statements for the year ended 31st of March, 2021.

  • Revenue for the year was N1.7 billion. (-31.2%YoY)
  • Cost of sales was N1.51 billion. (-21.9% YoY)
  • Administrative expenses totalled N309.63 million. (-2.3% YoY)
  • Loss for the year was N205.45 million.
  • Loss per share of -316 kobo Vs -36 kobo YoY.
  • No dividend was announced.

See link to results.