Arbico Plc announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was NGN 762.122 million compared to NGN 1,442.528 million a year ago. Operating loss was NGN 513.672 million compared to operating Income of NGN 179.499 million a year ago. Net loss was NGN 510.540 million compared to net income of NGN 178.682 million a year ago. Basic loss per share from continuing operations was NGN 3.44 compared to basic earnings per share from continuing operations of NGN 1.2 a year ago. For the nine months, sales was NGN 3,916.349 million compared to NGN 4,073.058 million a year ago. Operating loss was NGN 436.263 million compared to operating Income of NGN 142.235 million a year ago. Net loss was NGN 430.152 million compared to net income of NGN 142.138 million a year ago. Basic loss per share from continuing operations was NGN 2.9 compared to basic earnings per share from continuing operations of NGN 0.96 a year ago.