Ardova Plc declares N3.85bn loss after tax in FY 2021

Ardova Plc on Thursday published its Audited Financial Statements for the year ended 31 December 2021.

The Group reported a turnover of N201.44 billion for the 12 months period, up by 10.72% from N181.94 billion reported the previous year.

A loss after tax of N3.85 billion was reported for the year under review, down by 307.13% from the profit after tax of N1.86 billion reported the previous year.

Ardova Plc achieved loss per share of N2.95 in FY 2021 from the earnings per share of N1.43 in FY 2020.

At the share price of N13.05, the P/E ratio of Ardova Plc stands at -4.42x with earnings yield of -22.64%.

Source: Ardova Plc declares N3.85bn loss after tax in FY 2021 – StocksWatch (stocksng.com)

Related Posts

07

Feb
Business & Economy

Consolidated Hallmark Holdings Plc grows profit by 513.7% to N23.13bn in Q4 2024

The Unaudited Financial Statements of Consolidated Hallmark Holdings Plc for the year ended 31 December 2024 revealed significant growth in the Company’s revenue and profit after tax. Gross Earnings of N28.17 billion was achieved for the 12 months period, up by 340.17% from the Gross Earnings of N6.4 billion recorded the previous year. Profit after tax of […]

07

Feb
Business & Economy

Fidelity Bank Plc increases share capital to N36.7bn

Fidelity Bank Plc has notified the Nigerian Exchange and the investing public that it has increased its issued share capital from N26.7 billion to N36.7 billion by creation of 20 billion additional Ordinary Shares of 50 kobo each. At the recently concluded Extra-Ordinary General Meeting, the board has been authorised to raise additional capital up to the[…]