Morison 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 25.27 million compared to NGN 31.38 million a year ago. Net loss was NGN 23.25 million compared to NGN 33.78 million a year ago. Basic loss per share from continuing operations was NGN 0.02 compared to NGN 0.03 a year ago.
For the six months, sales was NGN 56.29 million compared to NGN 86.95 million a year ago. Net loss was NGN 44.61 million compared to NGN 45.51 million a year ago. Basic loss per share from continuing operations was NGN 0.05 compared to NGN 0.05 a year ago.