Juli Pharmacy Posts Losses In Two-Years Financial Results

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Juli Pharmacy Posts Losses In Two-Years Financial Results
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A Pharmaceutical company listed on The Nigerian Stock Exchange (NSE), Juli Plc, released its financial statements as at 31st December 2015 and 31st December 2015 with turnover rise by 16 percent to N191,677,220 from N165,478,026 in 2015.

The result released at The Exchange showed that loss after taxation dropped by 23 percent in 2016 to N28,319,940 from N36,876,919 in 2015.

The firm, that is into sale of Pharmaceutical and household consumer goods and production and marketing of Table and Sachet water . The results showed retained loss carried forward in 2015 stood at N311,321,513 and N316,882,450 in 2016.

According to the result, “the Management believes that there is no intention or threat from any source to curtail significantly its services in the foreseeable future.”

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