E-tranzact International Plc, a Processing Systems company in the ICT sector has predicted gross earnings of N5.925 billion for the third quarter (Q3) ended 30 September 2021. The Earning Forecast for the third quarter was approved by the Board of Directors on 7th June 2021.
E-tranzact projected N307.52 million profit after tax while the Operating expenses was estimated at N510.49 million. The company estimated Investment income to hit NGN 17,744,000.
ETRANZACT Declared N72.6m Loss in Q3 2020 Result
In Q3 2020, eTranzact International Plc saw its revenue decline by 16% to N5.4bn from N6.5bn in the previous quarter. The company’s Loss before tax stood at N72.6m, Loss after tax stood at N72.6m and its Net Assets also stood at -N67m.
