Interlinked Technologies PLC, a developer of porcelain and jointing material said its third quarter revenue fell to NGN41.9 million.
The company said its fall of 30% year on year when compared to NGN59,7 million recorded last year.
The company said its cost of sales fell to NGN34 million compared to NGN47 million recorded in the previous year.
Cost of distribution rose by 10% to NGN850k compared to NGN755k recorded in the previous year.
The impact of the negative economic climate plunged the company into a net loss of NGN1,6 million compared to NGN1,4 million.