Ardova plc Reports Earnings Results for the Second Quarter Ended June 30, 2020
July 30, 2020 at 03:08 pm EDT
Ardova Plc announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was NGN 35,261.732 million compared to NGN 40,227.346 million a year ago. Operating income was NGN 787.407 million compared to operating loss of NGN 246.495 million a year ago. Net income was NGN 514.923 million compared to NGN 2,126.122 million a year ago. Basic earnings per share was NGN 0.39 compared to NGN 1.63 a year ago. For the half year, sales was NGN 87,313.516 million compared to NGN 82,785.486 million a year ago. Operating income was NGN 1,523.120 million compared to NGN 3,534.662 million a year ago. Net income was NGN 1,012.367 million compared to NGN 5,450.563 million a year ago. Basic earnings per share was NGN 0.78 compared to NGN 4.18 a year ago.