BUSINESS
Chellarams Posts 8% Drop In Loss In 2021

Chellarams Plc, a leading Nigerian conglomerate with interests in manufacturing, retail, distribution, marketing and power generation has released its financial statements for the year ended 31 March 2021 with 8% drop in loss to N3.858 billion from N4.205 billion loss in 2020.
Revenue for the year dropped by 30% to N1.387 billion from N1.974 billion in 2020.