NGX Group Total Assets Hit N35bn In 2020

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The Nigerian Exchange Group (NGX) Plc has increased its total assets to N35.1 billion in its 2020 financial year. Specifically, the group financial

The Nigerian Exchange Group Plc has increased its total assets to N35.1 billion in its 2020 financial year.

However, the year 2020 ended with 23 per cent decline in the group’s income to N6.02 billion, while expenses rose by 13 per cent to N6.11 billion in 2020. Surplus after tax stood at N1.84 billion, a year-on-year decline of 19 per cent, as against N2.27 billion recorded in 2019.These were made known at the group’s 60th annual general meeting held in Abuja yesterday, as the shareholders supported the resolutions proposed at the meeting.

 

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