Nigerian Enamelware PLC reported earnings results for the third quarter and nine months ended January 31, 2023. For the third quarter, the company reported sales was NGN 36.14 million compared to NGN 67.01 million a year ago. Net loss was NGN 5.03 million compared to NGN 36.96 million a year ago. Basic loss per share from continuing operations was NGN 0.07 compared to NGN 0.49 a year ago.
For the nine months, sales was NGN 175.25 million compared to NGN 306.87 million a year ago. Net loss was NGN 17.79 million compared to NGN 134.58 million a year ago. Basic loss per share from continuing operations was NGN 0.23 compared to NGN 1.77 a year ago.