The Tourist Company of Nigeria Plc reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was NGN 1,051.26 million compared to NGN 957.71 million a year ago. Revenue was NGN 1,051.26 million compared to NGN 957.71 million a year ago. Net income was NGN 530.79 million compared to net loss of NGN 1,287.47 million a year ago. Basic earnings per share from continuing operations was NGN 0.24 compared to basic loss per share from continuing operations of NGN 0.57 a year ago.
For the nine months, sales was NGN 2,967.42 million compared to NGN 2,612.7 million a year ago. Revenue was NGN 2,967.42 million compared to NGN 2,612.7 million a year ago. Net loss was NGN 21,005.82 million compared to NGN 1,739.28 million a year ago. Basic loss per share from continuing operations was NGN 9.35 compared to NGN 0.77 a year ago.