Ardova Plc reported earnings results for the fourth quarter and full year ended December 31, 2022. For the fourth quarter, the company reported sales was NGN 58,223.82 million compared to NGN 65,337.22 million a year ago. Net loss was NGN 2,832.12 million compared to NGN 5,088.34 million a year ago. Basic loss per share from continuing operations was NGN 2.17 compared to NGN 3.9 a year ago.
For the full year, sales was NGN 240,813.9 million compared to NGN 201,440.11 million a year ago. Net loss was NGN 7,606.69 million compared to NGN 3,848.33 million a year ago. Basic loss per share from continuing operations was NGN 5.83 compared to NGN 2.95 a year ago.