R.T Briscoe (Nigeria) Plc reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was NGN 4,082.51 million compared to NGN 4,699.31 million a year ago. Net loss was NGN 154.78 million compared to net income of NGN 284.86 million a year ago. Basic loss per share from continuing operations was NGN 0.1316 compared to basic earnings per share from continuing operations of NGN 0.2422 a year ago.
For the six months, sales was NGN 7,856.63 million compared to NGN 8,023.55 million a year ago. Net loss was NGN 215.07 million compared to net income of NGN 276.09 million a year ago. Basic loss per share from continuing operations was NGN 0.18 compared to basic earnings per share from continuing operations of NGN 0.23 a year ago.