SCOA Nigeria Plc reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was NGN 1,458.66 million compared to NGN 1,473.11 million a year ago. Net loss was NGN 129.02 million compared to NGN 101.97 million a year ago.

Basic loss per share from continuing operations was NGN 0.2 compared to NGN 0.16 a year ago. Diluted loss per share from continuing operations was NGN 0.2 compared to NGN 0.16 a year ago.