R.T Briscoe (Nigeria) Plc reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was NGN 2,730.25 million compared to NGN 3,544.94 million a year ago. Net loss was NGN 298.3 million compared to net income of NGN 185.98 million a year ago. Basic loss per share from continuing operations was NGN 0.2536 compared to basic earnings per share from continuing operations of NGN 0.1581 a year ago.
For the nine months, sales was NGN 10,586.88 million compared to NGN 11,568.49 million a year ago. Net loss was NGN 513.37 million compared to net income of NGN 462.07 million a year ago. Basic loss per share from continuing operations was NGN 0.44 compared to basic earnings per share from continuing operations of NGN 0.39 a year ago.