John Holt posts 888% loss for q2

The Tourist Company of Nigeria Plc

John Holt plc in its financial report second quarter 2017 is reporting 888% fall in its profit with a net loss of NGN105 million compared to NGN14 million profit recorded in the financial year 2016.

The company ended the period with NGN509 million revenue in contrast to NGN730 million it disclosed last year.

John Holt said its total assets was NGN3.1 billion in contrast to NGN3.2 billion disclosed in the year before while total liabilities NGN2.6 billion against NGN3.6 billion in the previous year.