Edition:
India

Med-View Airline PLC (MEDVIEWAIR.LG)

MEDVIEWAIR.LG on Lagos Stock Exchange

1.78NGN
18 Jul 2019
Change (% chg)

0.00 (+0.00%)
Prev Close
1.78
Open
1.80
Day's High
1.80
Day's Low
1.78
Volume
705
Avg. Vol
4,589
52-wk High
2.35
52-wk Low
1.53

Latest Key Developments (Source: Significant Developments)

Medview Airline Posts FY Pretax Loss Of 10.3 Mln Naira
Friday, 5 Apr 2019 

April 5 (Reuters) - Med-View Airline PLC ::FY LOSS BEFORE TAX 10.3 MILLION NAIRA VERSUS PROFIT OF 1.5 MILLION NAIRA YEAR AGO.FY REVENUE 9.6 MILLION NAIRA VERSUS 37 MILLION NAIRA YEAR AGO."OPERATING ENVIRONMENT REMAINED HIGHLY VOLATILE CHARACTERISED BY LACK OF INFRASTRUCTURE AND FOREIGN CURRENCY SHORTAGES"."AVIATION SECTOR REMAINED HIGHLY TAXED AND HAS WITNESSED THE ISSUE OF DOUBLE TAXATION ON NUMEROUS ITEMS UNRESOLVED EVEN".GROWTH PROSPECTS IN THE SHORT TERM ARE PROJECTED TO REMAIN SUBDUED.HAS BEEN IN DISCUSSION WITH SOME FINANCIAL INSTITUTIONS TO RAISE CAPITAL TO TURN THE FORTUNE OF THE COMPANY AROUND.  Full Article

Medview Airline Says Co Is Restructuring In Order To Fully Maximize Its Operation
Friday, 12 Oct 2018 

Oct 12 (Reuters) - Med-View Airline PLC ::CURRENTLY RESTRUCTURING IN ORDER TO FULLY MAXIMIZE ITS OPERATION AND PREPARE ADEQUATELY FOR THE CHALLENGES AHEAD.60 STAFF MEMBERS TO STEP ASIDE AS RESULT OF DOWNSIZING.  Full Article

Medview Airline Reports Qtrly Pretax Profit 45.9 Mln Naira
Monday, 30 Jul 2018 

July 30 (Reuters) - Med-View Airline PLC ::QTRLY PROFIT BEFORE TAX 45.9 MILLION NAIRA VERSUS 200.1 MILLION NAIRA.QTRLY GROSS REVENUE 1.83 BILLION NAIRA VERSUS 5.4 BILLION NAIRA.  Full Article

Medview Airline Posts FY Pre-Tax Profit 1.72 Bln Naira
Tuesday, 30 Jan 2018 

Jan 30 (Reuters) - Medview Airline Ltd ::FY ENDED DEC 2017 GROSS REVENUE 36.96 BILLION NAIRA‍​ VERSUS 25.96 BILLION NAIRA YEAR AGO.FY PROFIT BEFORE TAX​ OF 1.72 BILLION NAIRA VERSUS 840.0 MILLION NAIRA YEAR AGO.  Full Article

Medview Airline says pretax profit for nine months at 1.36 billion naira
Tuesday, 31 Oct 2017 

Oct 31 (Reuters) - Medview Airline Ltd ::GROSS REVENUE FOR NINE MONTHS ENDED SEPT AT 28.77 BILLION NAIRA VERSUS 19.44 BILLION NAIRA YEAR AGO‍​.PROFIT BEFORE TAX FOR NINE MONTHS ENDED SEPT AT 1.36 BILLION NAIRA VERSUS 1.45 BILLION NAIRA YEAR AGO‍​.  Full Article

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