ABC Transport plc posts NGN335.7 million profit in nine months

ABC transport

ABC Transport plc is reporting NGN335.7 million profit for the nine months ended in 2017 compared to NGN617.3 million recorded same period in the financial year 2016.

The transportation company ended the period with NGN 5.2 billion revenue in contrast to NGN5.0 billion recorded in the previous year while gross profit was NGN1.3 billion against NGN815.7 million posted in the year before.

Total Assets declared by ABC Transport for the period under review was NGN4.3 billion compared to NGN4.1 billion recorded in the year 2016 while total liabilities was NGN2.1 billion versus NGN2.5 billion in the year before.