Portland Paints and Products Nigeria Plc announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was NGN 390.393 million compared to NGN 777.351 million a year ago. Operating loss was NGN 39.888 million compared to operating Income of NGN 95.018 million a year ago. Net loss was NGN 47.393 million compared to net income of NGN 66.392 million a year ago. Basic loss per share was NGN 0.06 compared to basic earnings per share of NGN 0.08 a year ago.