Firms can’t escape macro woes as Q1 results reveal flat revenues, profit margins

Firms can’t escape macro woes as Q1 results reveal flat revenues, profit margins

100 total views, 2 views today


Ninety-five firms have released first quarter (Q1), 2019 results as at May 10, 2019 and the data showing slow revenue growth and flat profit margins signals that firms cannot escape what ails the wider Nigerian economy. The unpredictable macroeconomic environment means revenues are growing at a slow pace while rising operating costs are eroding profitability.
Total…

This content is for Standard Bi-Annual, Premium Bi-Annual, Standard Yearly, Premium Yearly, 2 Weeks FREE plan, Standard Bi-Annual USD, Standard Yearly USD, Premium Bi-Annual USD, Premium Yearly USD, BusinessDay/Ready Set Work Premium Yearly (FREE), 2 Weeks FREE plan (Flutterwave), 2 Weeks FREE plan (Paylater), 2 Weeks FREE plan (Union Bank), 2 Weeks FREE plan (NAIJASTARTUP), Premium Yearly (Union Bank), 2 Weeks FREE plan (She Leads Africa), 2 Weeks FREE plan (PiggyVest), 5 Days FREE plan (Flutterwave) Test and Premium members only. Visit the site and log in/register to read.



Source link