Juli Plc Records N349m Earnings, Reduces Loss N1.6 Million

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Goddy Egene

Juli Plc, a company that sells pharmaceutical and household consumer goods, production and marketing of table and sachet water, has recorded improvement in its performing reducing its loss to N1.569 million for the year ended December, 31, 2019, from N5.910 million in 2018.

The audited results showed a turnover of N349.308 million in 2019, compared with N474.832 million in 2018. However, cost cutting strategies assisted to reduce its loss to N1.569 million.