BUSINESS

Notore Chemical Loses N9.576bn In 15 Months Despite 36.74% Jump In Revenue

Notore Chemical Industries Plc which manufactures and deals in nitrogenous fertilizers and all substances suited to improving the fertility of soil and water has released its annual report, consolidated and separate financial statements for the 15 months period ended 31 December 2021 with further increase in group loss to N9.576 billion from N6.397 billion in the same period in 2020.

Group revenue from contracts with customers rose by 36.74% to N25.706 billion from N18.799 billion in 2020.

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