Arbico plc Reports Earnings Results for the Second Quarter Ended June 30, 2019
July 30, 2019 at 11:10 am EDT
Arbico Plc announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was NGN 1,411.924 million compared to NGN 1,324.814 million a year ago. Net loss was NGN 66.129 million compared to net income of NGN 264.474 million a year ago. Basic loss per share was NGN 0.45 compared to basic earnings per share of NGN 1.78 a year ago. For the half year, sales was NGN 2,630.530 million compared to NGN 2,143.351 million a year ago. Net loss was NGN 37.586 million compared to net income of NGN 70.779 million a year ago. Basic loss per share was NGN 0.25 compared to basic earnings per share of NGN 0.48 a year ago.