Chams plc Reports Earnings Results for the Third Quarter Ended September 30, 2020
October 29, 2020 at 03:07 pm EDT
Chams Plc announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was NGN 306.767 million compared to NGN 847.429 million a year ago. Operating loss was NGN 100.867 million compared to operating Income of NGN 48.856 million a year ago. Net loss was NGN 107.145 million compared to net income of NGN 14.823 million a year ago. Basic loss per share from continuing operations was NGN 0.02 compared to basic earnings per share from continuing operations of NGN 0.003 a year ago. For the nine months, sales was NGN 1,195.599 million compared to NGN 2,804.376 million a year ago. Operating loss was NGN 28.623 million compared to operating Income of NGN 299.657 million a year ago. Net loss was NGN 107.589 million compared to net income of NGN 274.781 million a year ago. Basic loss per share from continuing operations was NGN 0.03 compared to basic earnings per share from continuing operations of NGN 0.06 a year ago.