Tantalizers Plc Reports N180m Loss in Q3 2021 Unaudited Results,

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Tantalizers Plc released its Q3 2021 Unaudited results for the period ended September 30th, 2021.

Key Highlights

Revenue grew by 16% to N1.8bn from N1.5bn in the previous quarter.

Loss before tax stood at N180m.

Loss after tax stood at N180m.

Net Assets declined by -69% from N289m to N88m.

Share Price Currently Stands at N0:20k

Company Profile

Tantalizers Plc is a fast food company in Nigeria with a network of quick-service restaurants and an outdoor catering businesses. The company produces a wide variety of quality products to eat in restaurants or for take-aways. This includes oven-baked pastries such as meat pies, chicken pies, Tanta rolls and beef rolls. Tantalizers Africana produces food with a rich indigenous culinary culture including African soups such as ogbono, egusi, efori-iro and edikaing-kong. Other dishes produced at Tantalizers Africana include porridge yam, pottage beans, ofada rice, plantain, stock fish, cowleg and moin-moin. Tantalizers Breakfast offers special breakfast deals ready as early as 7h30. Tantalizers Ice-cream is a range of mouth-watering soft-scoop ice-creams and hard ice-lollies. Tantalizers Bread is marketed under the Sunshine Bread brand. Tantalizers Cakes include a selection of cakes for celebrations which are customised on customer’s instructions. The company also produces an excellent choice of Chinese meals. Its catering division provides event catering services for private and corporate events as well as catering for industrial sites. Tantalizers Plc has 54 outlets located in the major towns and cities of Nigeria. Its head office is in Lagos, Nigeria. Tantalizers Plc is listed on the Nigerian Stock Exchange