The challenges faced by FTN Cocoa are not new. In the year ending December 31, 2023, the company reported zero revenue, a sharp decline from NGN 62.19 million in the previous year. Additionally, the finance cost stood at NGN 209.7 million. Despite these losses, the loss per share decreased from NGN 11.06 in 2022 to NGN 2.73 in 2023.
Ftncocoa investors brace up amidst correction
Updated: 3/5/2025 3:14 AM
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