WorldStage Newsonline– Meyer Plc, a major manufacturer and marketer of paints has released its unaudited consolidated financial statements for the period ended 30th September, 2020 with 34% drop in revenue to N566.511 million from N858.318 billion in same period in 2019.
The company’s losses for the period worsen by 195% to N100.528 million from N34.065 million losses in 2019.
Meyer Plc, previously called DN Meyer Plc was incorporated in Nigeria on the 20th of May 1960. T
The shares of the Company are held as to 30.77% by Greenwich Trust Nominees Limited, 25.92% by Bosworth, 5.26% by Osa Osunde and 37.89% by Nigerian citizens.
