Notore Chemical Industries Plc reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was NGN 3,817.62 million compared to NGN 9,902.7 million a year ago. Net loss was NGN 30,073.43 million compared to net income of NGN 1,048.69 million a year ago. Basic loss per share from continuing operations was NGN 18.66 compared to basic earnings per share from continuing operations of NGN 0.65 a year ago.
For the six months, sales was NGN 7,918.8 million compared to NGN 26,286.1 million a year ago. Net loss was NGN 38,005.79 million compared to net income of NGN 2,606.31 million a year ago. Basic loss per share from continuing operations was NGN 23.58 compared to basic earnings per share from continuing operations of NGN 1.62 a year ago.