WorldStage Newsonline– Greif Nigeria Plc, a subsidiary of Greif International Holding BV has released its unaudited management financial statements for the third quarter period ended 31 July 2020 with loss after tax of N57.352 million, a -46% decline from N106.514 million loss in the same period in 2019.
In the report published at the Nigerian Stock Exchange on Monday, the company recoded zero revenue as against – N89.517 million in 2019.
Greif Nigeria Plc (formerly Van Leer Containers (Nigeria) Plc) manufactures and markets steel drums in Nigeria as well as plastic containers and sheet metal products. The company also offers services for steel punching and aluminium welding.
The authorized share capital is allotted to Greif International Holdings B.V. Netherlands (51%), The Van Leer Nigerian Educational Trust (23%) and other Nigerian investors (26%).
