Daar Communications Plc reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was NGN 1,079.22 million compared to NGN 1,068.5 million a year ago. Net loss was NGN 259.76 million compared to net income of NGN 180.72 million a year ago. Basic loss per share from continuing operations was NGN 0.03 compared to basic earnings per share from continuing operations of NGN 0.02 a year ago.
For the six months, sales was NGN 2,271.01 million compared to NGN 1,914.36 million a year ago. Net loss was NGN 240.55 million compared to net income of NGN 36.13 million a year ago. Basic loss per share from continuing operations was NGN 0.03.