University Press projects a return to profit with N202.5m in Q3 2021

WorldStage Newsonline– University Press Plc, a Nigerian firm focusing on publishing, sales and distribution of educational books and materials has released its profit forecast for the third quarter ending 30 September, 2021 with a projected revenue of N1.536 billion from N115.1 million projected for Q1 2021.

The company also projected a return to profit with N202.523 million from a loss after tax of N142.118 million for Q1 2021.

Cash and cash equivalents at the end of the period is projected at N716.555 million from N729.441 million at the beginning of the period.

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