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Nairametrics

2014 H1: Forte Oil Post 152% Rise In Pre -Tax Profits

Nairametrics by Nairametrics
August 8, 2014
in Uncategorized
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Forte Oil Plc just released its 2014 Half Year results showing revenues rose 33% to N79.6b, it was N59.9b sane period 2013. The hike in revenue helped push profits higher.

Pre – Tax Profits therefore rose 152% to N4.1b compared to N1.6b the year before.

More to follow….

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Nairametrics is Nigeria's top business news and financial analysis website. We focus on providing resources that help small businesses and retail investors make better investing decisions. Nairametrics is updated daily by a team of professionals. Post updated as "Nairametrics" are published by our Editorial Board.

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  • Home
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