Tantalizers’ loss narrows to N266m as finance cost drops by a third

Tantalizers Plc, one of Nigeria’s fast-food pioneers, saw its loss after tax narrow by 8.6% last year.

The company’s latest audited financial statements show that it reported a loss of N265.6 million for the fifth consecutive yeafrom N290.7 billion in 2023.

Revenue rose to N1.19 billion from N 1.17 billion and cost of sales grew to N773.3 million from N742.3 million. The company saw its financial cost drop to N69.7 million from N105.3 million.