21 December 2015, Lagos – Oando’s cost-income structure has faltered with a sustaining decline in sales revenue and a continuing rise in costs. Turnover went down by 5.5% year-on-year at the end of September but cost of sales rose by 47%, which led to a 36% fall in gross profit. This has been the trend […] More »
Oando: Profit capacity broken by sustaining revenue fall
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