Daar Communications 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 875.41 million compared to NGN 998.84 million a year ago. Net loss was NGN 364.3 million compared to NGN 267.93 million a year ago. Basic loss per share from continuing operations was NGN 0.05 compared to NGN 0.03 a year ago.
For the nine months, sales was NGN 3,193.39 million compared to NGN 3,269.85 million a year ago. Net loss was NGN 700.75 million compared to NGN 508.48 million a year ago. Basic loss per share from continuing operations was NGN 0.09 compared to NGN 0.06 a year ago.