Business: Coronavirus Badly Knocked Revenues From Novus

Last updated on September 11th, 2021 at 08:16 am

The coronavirus has affected most companies income due to the lockdown enforced by the government, as a result of this Novus Holdings revenue is on the downward trajectory, the company’s income has seriously nosedived, their income fell to a minimal 4 percent.

The gathering administrations the nation and clients over the African mainland through its print creation magazines, retail embeds, indexes, books, papers and business fill in just as delivering instructive materials for governments and worldwide distributers.

Novus said its presentation has been seriously affected by the impact of the Covid-19 lockdown and the pandemic’s impact on the economy.

As a result of the impact of the coronavirus, Novus Holding sacked about some its worker just to reduce the wages bill of the company. The annual income of the company has reduced drastically, the company will be seeking to resuscitate it’s finances.