Earnings Update- LIVESTOCK 9M:2021 LIVESTOCK Delivers Impressive Return on Equity

LIVESTOCK reported a 34.20%YoY growth in revenue to NGN10.72bn in 9M:2021 (from NGN7.99bn in
9M:2020). Whilst sales in the Southwestern (+54.44% YoY) and Eastern (+43.77%YoY) markets continued
to reflect the general rebound in economic activities, revenue from the Northern markets dipped further
by 23.11%YoY at the end of the third quarter.

Earnings Update LIVESTOCK- 9M 2021

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