Chellarams Plc reports loss of N186.1 million in Q2 2021

Chellarams Plc released its unaudited financial results for the second quarter of the year ending 30th of September, 2021.

  • Revenue for the period was N5.19 billion. (+225.3% YoY)
  • Cost of sales of N4.22 billion. (+231% YoY)
  • Administrative expenses totalled N349.7 million. (+13% YoY)
  • Net assets during the period stood at N7.21 billion.
  • Loss after tax from continuing operations was N186.1 million

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