Arbico Plc Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
October 28, 2021 at 03:10 pm EDT
Arbico Plc reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was NGN 1,707.43 million compared to NGN 762.12 million a year ago. Net loss was NGN 446.38 million compared to NGN 510.54 million a year ago. Basic loss per share from continuing operations was NGN 3.01 compared to NGN 3.44 a year ago. Diluted loss per share from continuing operations was NGN 3.01 compared to NGN 3.44 a year ago.
For the nine months, sales was NGN 3,705.28 million compared to NGN 3,916.35 million a year ago. Net loss was NGN 448.09 million compared to NGN 430.15 million a year ago. Basic loss per share from continuing operations was NGN 3.02 compared to NGN 2.9 a year ago. Diluted loss per share from continuing operations was NGN 3.02 compared to NGN 2.9 a year ago.