CWG plc posts 10% rise in profit for Q2

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CWG plc in its financial report for second quarter 2017 is reporting 10% rise in profit to NGN41.5 million compared to NGN37.7 million reported same period 2016.

The company ended the period with NGN4.7 billion revenue in contrast to NGN5.2 billion reported in the year before and gross profit was higher at NGN1.4 billion against NGN1.2 billion in the year before.

CWG plc said its total assets was NGN13.1 billion in contrast to NGN14.7 billion in the previous year while total liabilities was NGN9.9 billion versus NGN11.5 billion in the year before.