FTN Cocoa Processors Plc announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was NGN 56.250 million compared to NGN 136.010 million a year ago. Operating loss was NGN 98.118 million compared to NGN 97.401 million a year ago. Net loss was NGN 162.206 million compared to NGN 78.087 million a year ago. Basic loss per share from continuing operations was NGN 0.074 compared to NGN 0.036 a year ago.