Daar Communications Plc reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was NGN 998.84 million compared to NGN 1,364.94 million a year ago. Net loss was NGN 267.93 million compared to net income of NGN 123.58 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 nine months, sales was NGN 3,269.85 million compared to NGN 3,279.3 million a year ago. Net loss was NGN 508.48 million compared to net income of NGN 159.71 million a year ago. Basic loss per share from continuing operations was NGN 0.06 compared to basic earnings per share from continuing operations of NGN 0.02 a year ago.