Morison Industries Plc announced earnings results for the fourth quarter ended December 31, 2019. For the fourth quarter, the company announced sales was NGN 19.992 million compared to NGN 47.229 million a year ago. Operating loss was NGN 19.377 million compared to NGN 22.010 million a year ago. Net loss was NGN 19.377 million compared to NGN 22.293 million a year ago. Basic loss per share was NGN 0.02 compared to NGN 0.02 a year ago. For the full year, sales was NGN 94.122 million compared to NGN 138.190 million a year ago. Operating loss was NGN 99.397 million compared to NGN 167.303 million a year ago. Net loss was NGN 99.397 million compared to NGN 190.082 million a year ago. Basic loss per share was NGN 0.1 compared to NGN 0.19 a year ago.