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NAMPAK NIGERIA PLC
HALF YEAR UNAUDITED RESULTS FOR THE YEAR ENDED 31-03-2008 2008 2007 TURNOVER N1.436b N1.439b LOSS/PROFIT BEFORE TAXATION (N122.558m) N139.822m TAXATION N38.088m (N29.054m) LOSS/PROFIT AFTER TAXATION (N182.991m) N61.740m
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“The market can remain irrational longer than you can remain solvent.” - John Maynard Keynes |
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Nampak Plc today released its un-audited account for nine months ended 30th June, 2008. Turnover inched up by 0.55% from N2.140 billion to N2.152 billion. However, PBT and PAT declined by 291.22% and 330.54% to (N210 million) and (N172.25 million) respectively. According to the company’s management, “the loss to date is due to material variations arising from system and control issues which continue to impact on the business in the last nine months
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“The market can remain irrational longer than you can remain solvent.” - John Maynard Keynes |
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