Nigerian Enamelware PLC reported earnings results for the fourth quarter and full year ended April 30, 2023. For the fourth quarter, the company reported sales was NGN 52.05 million compared to NGN 47.94 million a year ago. Net loss was NGN 58.48 million compared to NGN 296.65 million a year ago. Basic loss per share from continuing operations was NGN 0.77 compared to NGN 3.9 a year ago.
For the full year, sales was NGN 227.3 million compared to NGN 354.8 million a year ago. Net loss was NGN 76.27 million compared to NGN 431.22 million a year ago. Basic loss per share from continuing operations was NGN 1 compared to NGN 5.67 a year ago.