Nascon Allied Industries Plc announced earnings results for the fourth quarter ended December 31, 2019. For the fourth quarter, the company announced sales was NGN 6,546.804 million compared to NGN 7,011.365 million a year ago. Operating loss was NGN 6.791 million compared to operating Income of NGN 1,138.089 million a year ago. Net loss was NGN 118.275 million compared to net income of NGN 769.941 million a year ago. For the full year, sales was NGN 27,576.182 million compared to NGN 25,769.352 million a year ago. Operating income was NGN 3,063.213 million compared to NGN 5,981.006 million a year ago. Net income was NGN 1,941.148 million compared to NGN 4,420.217 million a year ago.