By Yakubu LAAH InvestAdvocate

Lagos (INVESTADVOCATE)- Digital billboards and indoor advertising company, Afromedia Plc on Wednesday posted a loss of N1.429 billion in its 2014 audited year end compared to a loss of 851.3 million recorded in the previous year, the company said in a filing with the Nigerian Stock Exchange (NSE).

Similarly, profit before tax (PBT) declined a 100.4 percent to a loss N1.705 billion in the 2014 end from a loss of N850.94 million reported the previous year.

Revenue of the digital billboards and indoor advertising firm dipped 54.1 percent to N341.02 million in the review period of 2014 from N742.90 million in the corresponding period of 2013.