AG Leventis maintains negative bottom-line on harsh milieu

Chris Ugwu writes that due to challenging operating environment, AG Leventis Plc has sustained negative position in its bottom line.The combination of negative factors has continued to pose serious threats to businesses operating in Nigeria. Aside from the rising cost of raw materials, driven by the challenging macro environment, coupled with fiscal and monetary headwinds, which have resulted in marked reduction in domestic output, some manufacturers and conglomerates who have taken up foreign currency liabilities are also groaning under the pressure of the increased cost of operations. AG...The post AG Leventis maintains negative bottom-line on harsh milieu appeared first on New Telegraph Online.
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