MORISON INDUSTRIES : QUARTER 3 - FINANCIAL STATEMENT FOR 2022
October 28, 2022 at 04:10 pm IST
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MORISON INDUSTRIES PLC
STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME (UNAUDITED)
FOR THE PERIOD ENDED 30 SEPTEMBER 2022
JAN TO
JAN TO
JULY TO
JULY TO
SEPT
SEPT
SEPT
SEPT
2022
2021
2022
2021
Notes
N'000
N'000
N'000
N'000
Revenue
1
121,678
113,511
34,731
45,629
Cost of sales
2
(98,489)
(80,223)
(29,991)
(30,239)
Gross profit
23,189
33,288
4,739
15,391
Distribution expenses
3
(21,095)
(18,537)
(5,327)
(7,012)
Operating expenses
4
(102,232)
(93,964)
(36,025)
(30,596)
Other operating Income
5
43,779
34,253
16,587
12,602
Loss from operations
(56,360)
(44,960)
(20,025)
(9,615)
Finance income
-
-
-
-
Finance expenses
6
(14,277)
(10,050)
(4,859)
(4,050)
Net finance expenses
(14,277)
(10,050)
(4,859)
(4,050)
Loss before taxation
(70,637)
(55,010)
(24,884)
(13,665)
Tax expense
-
-
-
-
Loss for the year
(70,637)
(55,010)
(24,884)
(13,665)
Other comprehensive income
Items that will not be reclassified to profit or loss:
-
-
-
-
Items that will or may be reclassified to profit or loss:
6(d)
-
-
-
-
Total other comprehensive income
-
-
-
-
Total comprehensive loss
(70,637)
(55,010)
(24,884)
(13,665)
Loss per share(kobo)
(0.07)
(0.06)
(0.03)
(0.01)
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Disclaimer
Morison Industries plc published this content on 28 October 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 October 2022 10:39:03 UTC.
Morison Industries Plc specializes in manufacturing and marketing pharmaceutical, hygiene and care products. The group's products include primarily medical and surgical care products, detergents, disinfectants and insecticides. Net sales break down by family of products as follows:
- consumer products (71.5%);
- pharmaceuticals (4.8%);
- other (23.7%).
All sales are earned in Nigeria.
MORISON INDUSTRIES PLC 
