Premier Paints Says Full-Year Turnover At 190.5 Million Naira ‍​

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Premier Paints Plc:

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* SAYS FULL-YEAR TURNOVER AT 190.5 MILLION NAIRA VERSUS 281.8 MILLION NAIRA ‍​

* SAYS DO NOT RECOMMEND THE PAYMENT OF DIVIDEND FOR 2017‍​
* 2017 LOSS BEFORE TAXATION OF 76.4 MILLION NAIRA VERSUS. 32.2 MILLION NAIRA IN 2016

Premier Paints Plc, in its results filing with the NSE, reported a loss before tax of N76.4m for the full-year period of 2017. This is also a worse performance compared to N32.2m loss before tax reported in 2016.

Its full-year turnover stood at N190.5m as against N281.8m recorded a year ago.

Thus, Premier Paints did not recommend the payment of dividend to shareholders for the 2017 financial year.

By Naija247news
By Naija247newshttps://www.naija247news.com/
Naija247news is an investigative news platform that tracks news on Nigerian Economy, Business, Politics, Financial and Africa and Global Economy.

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