Morison Industries Plc reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was NGN 31.38 million compared to NGN 43.45 million a year ago. Net loss was NGN 33.78 million compared to NGN 16.65 million a year ago. Basic loss per share from continuing operations was NGN 0.03 compared to NGN 0.02 a year ago.
For the six months, sales was NGN 86.95 million compared to NGN 72.58 million a year ago. Net loss was NGN 46.68 million compared to NGN 36.47 million a year ago. Basic loss per share from continuing operations was NGN 0.05 compared to NGN 0.04 a year ago.