Portland Paints & Products Nigeria Plc announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was NGN 476.458 million compared to NGN 390.393 million a year ago. Operating income was NGN 22.442 million compared to operating loss of NGN 39.888 million a year ago. Net income was NGN 14.916 million compared to net loss of NGN 47.392 million a year ago. Basic earnings per share from continuing operations was NGN 0.02 compared to basic loss per share from continuing operations of NGN 0.06 a year ago.