The Tourist Company of Nigeria posts 661million loss for Half year ‘18

The Tourist Company of Nigeria Plc has just released its second quarter result. According to the reports, the company’s revenue for the first six-month of 2018 financial year saw marginal 1.5% boost from N1.64billion to about N1.67billion in the corresponding period.

The hospitality firm’s profit after tax however declared about N661million loss, though about 16% improvement on the loss of about N790million declared same period last year.

The company’s loss per share stood at 29kobo, a 16% improvement also from the previous 35kobo loss per share of same period 2017.

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