WorldStage Newsonline– University Press Plc, a Nigerian firm focusing on publishing, sales and distribution of educational books and materials has released its unaudited statement for the first quarter ended 30 June 2020 with a loss of N108.027 million from a profit of N127.186 million from the previous quarter ending March 31, 2020.
The result http://www.nse.com.ng/Financial_NewsDocs/31326_UNIVERSITY_PRESS_PLC.-_QUARTER_1_-_FINANCIAL_STATEMENT.pdf released at the Nigerian Stock Exchange over the weekend showed that the revenue was derived from sales of printed books in and outside Nigeria with the eastern region being the dominant market.
University Press earlier released its audited Financial Statements for the year ended 31st March 2020 https://www.worldstagenews.com/university-press-grows-profit-by-16-68-in-2020-proposes15k-dividend/ with a 16.68% growth in profit attributable to owners of the entity at N127.186 million from N109.003 million in previous year.
