Morison Industries Plc reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was NGN 34.73 million compared to NGN 45.63 million a year ago. Net loss was NGN 24.88 million compared to NGN 13.67 million a year ago. Basic loss per share from continuing operations was NGN 0.03 compared to NGN 0.01 a year ago.
For the nine months, sales was NGN 121.68 million compared to NGN 113.51 million a year ago. Net loss was NGN 70.64 million compared to NGN 55.01 million a year ago. Basic loss per share from continuing operations was NGN 0.07 compared to NGN 0.06 a year ago.