Daar Communications Plc reports over 100% increase in profit after tax in H1, 2021

Daar Communications Plc released its unaudited financial statements for the period ended 30th of June, 2021.

  • Revenue for the period was N1.91billion. (+30.4% YoY)
  • Cost of sales was N1.08 billion. (+3.6% YoY)
  • Administrative expenses totalled N743.7 million. (-13.4% YoY)
  • Profit for the year was N36.1 million. (+106.9% YoY)
  • Total assets for the period stands at N14.55 billion.

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