Tiger Branded Consumer Goods Declares N900 million Loss In Q1’15

Tiger Branded Consumer Goods Plc released its financial results for the 3 months ended 31 December 2015.

The result showed that revenue rose marginally by 0.07% from N10.66 billion in 2014 to N10.67 in 2015.

The company made a loss before tax of N975 million in Q1 2015, which was a 67% reduction, compared to the N2.9 billion loss in Q1 2014, while the loss after tax was N900 million down 69% from N2.9 billion in 2014.

The share price was N1.87 as at press time down 4.59%.

The post above and its ensuing comments, if any, is purely the opinion of the writer(s). It therefore should never be considered as an investment advise of any sort. If required, readers should please consult a competent professional financial adviser for any investment decision.


February 2016
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