Tag: Premier paints Plc

Premier Paints Plc released its unaudited financial results for the period ended 30th June, 2021.

• Revenue for the period was N42.4 million (-2.9% YoY)
• Cost of sales was N35.1 million. (-1.34% YoY)
• An operating loss of N16.8 million was incurred during the period.
• Administrative expenses totalled N20.24 million. (-2.42% YoY)
• Loss after tax for the period was N16.8 million.
• Loss per share of 0.14 kobo Vs 0.13 kobo YoY.

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

• Revenue for the period was N21.6 million. (-32.4% YoY)
• Cost of sales for the period was N17.15 million. (-30% YoY)
• Administrative expenses totalled N12.3 million. (+2.9% YoY)
• A loss after tax of N10.16 million was incurred during the period.
• Loss per share of -8 kobo Vs -6 kobo YoY.

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Premier Paints Plc released its full-year results for the year ended 31st December 2020.

• Revenue for the year was N91.9 million. (-30.2% YoY)
• Cost of sales was N71.94 million. (-30% YoY)
• Administrative expenses totaled N44.5 million. (-11.2% YoY)
• Loss for the year was N30.6 million
• Loss per share of 25kobo vs 13kobo YoY.
• No dividend announcement was made.

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