Ellah Lakes Reports N396.6 Million Loss Amid Rising Costs
Ellah Lakes Plc has reported a loss of N396.6 million for the second quarter ending January 31, 2025, as increasing administrative and personnel expenses continue to weigh on its financial performance. According to the company’s unaudited financial statements filed with the Nigerian Exchange, its operating loss climbed to N675.8 million, a significant rise from the…