SCOA Nigeria Community

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WaneInvestmentHouse

Community Contributor

SCOA Nigeria Plc Reports 74% Decline in Q4 2024 Revenue to N2.17bn

SCOA Nigeria Plc has announced a significant decline in its fourth-quarter 2024 revenue, dropping by 74% to N2.17 billion, compared to N8.22 billion in the same period of 2023. This substantial decline in revenue had a profound impact on the company's gross profit, resulting in a loss of N891.23 million.

₦2.50

FV

78.8% overvalued

3.26%

Revenue growth p.a.

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2 months ago