Tag: Ardova

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Ardova Plc investing heavily to avert future loss of market share – Mgt

BY EMEKA EJERE  Ardova Plc is strategically boosting investments not only to remain an industry leader, but also to protect its market share against any magnitude of disruption that may come with energy transition, its Managing Director, Moshood Olajide, has said. Olajide, who spoke at a press conference in Lagos recently to mark the company’s

Ardova, Eterna, MRS lead peers in cost of sales ratio

Ardova, Eterna, and MRS recorded the highest cost-of-sales ratio which implies their cost of sales took out most of their revenues compared to their peers, BusinessDay’s findings have shown. According to Investopedia, the cost of sales ratio is a financial ratio that compares a company’s expenses generated by sales activity to its revenue...