Capital Oil Plc released its Full Year 2014 Audited results. The result showed a loss of N131million in 2014, which is a 72% decrease in its 2013 result in which the company made a Loss of N475million.
See Summary of result below…
| CAPITAL OIL PLC FULL YEAR | 2014 | 2013 | % Change |
| N’bn | N’bn | ||
| Revenue | 2,106 | 2,967 | -29.02% |
| Gross Profit | 224 | 247 | -9.31% |
| Operating Expenses | -260 | -653 | -60.18% |
| (Loss) before taxation | -113 | -459 | -75.38% |
| (Loss) from continuing operation | -131 | -475 | -72.42% |
| Current Share Price |