WorldStage Newsonline– FTN Cocoa Processors Plc, a company is into processing of cocoa beans and palm kernel into cocoa cake, liquor, butter, palm kernel oil and palm kernel cake for export and sales to local manufacturing companies has released its financial statements for the first quarter ended 31 March, 2020 with 30.8% decline in revenue to N136010 million from N196.541 million in Q1 2019.
The result released at the Nigerian Stock Exchange on Monday showed that loss after taxation was cut by 36.4% to N78.087 million from N122.747 million in 2019.
