By InvestAdvocate

Lagos (INVESTADVOCATE)-Omatek Plc operating in the Computer & Office Equipment Sector of the Nigerian Stock Exchange (NSE) has posted a 72.4 percent (72.4%) loss in the Unaudited Third Quarter (Q3) Report for the period ended September 30 2011.

This was contained in the Profit and Loss Information from the Company on Tuesday to the Nigeria’s Exchange and obtained by www.investadvocateng.com in Lagos Nigeria.

A review of the Q3 Report of the Firm shows that Profit After Tax (PAT) slipped from N314.422 million in Q3 of year 2010 compared to N86.680 million in the corresponding period of year 2011; indicating a loss of 72.4% in the review period.

Profit Before Tax (PBT) also declined from N364.941 million in the Q3 of year 2011 to N86.680 million in Q3 of year 2011; representing a slip of 76.2%.

Turnover of Omatek Plc also declined from N1.724 billion in Q3 of year 2010 to N771.675 million in year 2011; showing a decline of 55.2% in the period under review.