FTN Cocoa Processors Plc reported earnings results for the second quarter and half year ended June 30, 2023. For the quarter, the company reported net loss was NGN 192.4 million compared to NGN 169.77 million a year ago. Basic loss per share from continuing operations was NGN 0.05 compared to NGN 0.08 a year ago.

For the half year, the company reported net loss was NGN 431.188 million compared to NGN 1,478.621 million a year ago. Basic loss per share from continuing operations was NGN 0.11 compared to NGN 0.67 a year ago.