Learn Africa forecasts 2082% jump in profit to N249m in Q3 2021

WorldStage Newsonline– Learn Africa Plc, a quoted company on the Nigerian Exchange which is into publishing and distribution of educational materials for all levels of learning has released its earnings forecast for the third quarter period ended 30 September 2021 with revenue projected to grow to N1.652 billion compared with N354.237 million projected for Q1 2021.

Moreover, the company is expecting a 2082% jump in profit to N249.408 million compared with N11.428 million projected for Q1 2021.

Cash/bank balance at end of the quarter is projected to rise to N552.255 million from N507.479 million at the beginning.

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