By Peter OBIORA InvestAdvocate

Lagos (INVESTADVOCATE)-Omatek Venutres Plc operating on the Computer & office Equipment Sector of the Nigerian Stock Exchange (NSE) Monday posted N414.586 million Loss in its Audited Report for the Period Ended December 31 2011.

From the Result Announcement released to the Nigeria’s Exchange, Profit After Tax (PAT) of the Company in the review period was N414.586 million compared to N109.836 million in year 2010 end; indicating a Loss of -477.5 percent (-477.5%).

Profit Before Tax (PBT) also declined from a positive of N116.006 million in 2010 compared to a negative of N405.368 million in the review period of year 2011 end; showing a decline of -449.4%.

Turnover also dipped from N1.048 billion in 2010 Audited Period compared to N348.973 million in the review period of year 2011 end; representing a dip of -66.7%.

On its part, Eterna Plc recorded a growth in Turnover of 974.8% in its First Quarter (Q1) Report for the Period Ended March 31 2012.

To post the 974.8% increase in Turnover, Eterna Plc in the Q1 of 2012 recorded N41.240 billion compared to N3.837 billion in the same period of 2011.

The Company recorded a PAT of N605.646 million in the Q1 of year 2012 compared to N563.115 million in the corresponding period of year 2011; showing an increase of 7.6% in the review period.

Also, Eterna Plc recorded the same PBT of N605.646 million in its First Quarter compared to N563.115 million in the same period of year 2010; indicating a 7.6% growth.

In the same vein, Capital Hotel Plc in its Q1 2012 result reported a drop in Profit After Tax of 8.2%, it recorded a PAT of N209.950 million in 2011 Q1 compared to N192.806 million in Q1 of 2012.

While PBT also dropped from N208.750 million in Q1 of year 2011 compared to N283.539 million in the review period of 2012; showing a drop of 8.2%.

Turnover declined from N1.235 billion in the Q1 of year 2011 compared to N1.128 billion in the same period of year 2012; representing a decline of 8.7%.