Daar Communications posts N3bn loss

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Daar Communications Plc has reported loss before tax of N3bn for 2016 full year.

This was contained in the firm’s filings with the Nigerian Stock Exchange on Tuesday.

The 2016 N3bn loss before taxation represented a worse scenario compared to the loss of N1.48bn posted a year ago.

For the year under review, revenue stood at N3.73bn compared to N7.09bn recorded the previous year.

 

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