WorldStage Newsonline– Academy Press Plc, a Nigerian firm that is into the printing of educational and general books, commercial printing of diaries, labels, calendars, periodicals, annual reports, confidential and other printing works has released the financial statements for the first and second quarters 2020 with 61% decline in revenue to N167.195 million in the Q1 2020 from N423.419 million in 2019.
Revenue for Q2 2020 dropped by 38% to N547.027 million from N884.848 million in 2019.
The company reduced loss after taxation in Q1 2020 to N86.317 million from N175.240 million in 2019 while loss in Q2 2020 also shrunk to N150.867 million from N228.799 in 2019.
