BRIEF: Premier Paints suffered N17.8 million loss in Q1

BRIEF: Premier Paints suffered N17.8 million loss in Q1

One of the listed paints and coating companies in Nigeria, Premier Paints said it suffered a pretax loss of N17.8 million in the first quarter of 2018.

The result was still a slight improvement when compared to N21.8 million loss it posted in 2017 within the same quarter.

Total revenue for the quarter came in higher at N50.4 million compared to N37.4 million last year.