Afromedia Plc announced earnings results for the first quarter ended December 31, 2020. For the first quarter, the company announced sales was NGN 53.033 million compared to NGN 86.284 million a year ago. Operating loss was NGN 3.267 million compared to operating Income of NGN 18.264 million a year ago. Net loss was NGN 3.696 million compared to net income of NGN 12.785 million a year ago.