FTN Coco plc, a Nigerian producer of commodities from chocolate ingredients, succumbed to cost pressures as it posted a loss of N286.07 million to end the 2013 financial year.
The cost-of-sales margin jumped as high as 119.35 percent, culminating in a gross loss of N95.18 million. Operating expense
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BALA AUGIE
Nigeria's leading finance and market intelligence news report. Also home to expert opinion and commentary on politics, sports, lifestyle, and more
