NASCON, in its Q2:2020 financial scorecard, recorded strong double-digit growth (+24.34% YoY) in revenue to NGN7.65bn (vs. NGN6.15bn in Q2:2019). The performance was supported by a marked improvement in sales across its regional markets: North (+5.17%), East (+10.95%) and West (+35.85%), relative to last year. On this note, the cumulative revenue for the first-half settled at NGN14.53bn, indicating a 11.98% YoY growth. We also observed that no revenue was generated from freight deliveries during the six-month period; a tell-tale of the impact of COVID-19 on the firm’s freight operations.
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