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[Corporate Action] Total Nigeria Posts 19% Drop In PAT to N2 billion In Q3’2015

Total Nigeria released its financial results for the nine months ended 30 September 2015. The result showed a decline in revenue by 10.41% from N177 billion in Q3’2014 to N159 billion in Q32015. Pre-tax Profit also declined by 4.64% from N4.2 billion in Q3’2014 to N4 billion in Q3’2015. See Summary of result below.. Also Read […]

Total Nigeria released its financial results for the nine months ended 30 September 2015.

The result showed a decline in revenue by 10.41% from N177 billion in Q3’2014 to N159 billion in Q32015.

Pre-tax Profit also declined by 4.64% from N4.2 billion in Q3’2014 to N4 billion in Q3’2015.

See Summary of result below..

TOTAL NIGERIA PLC Q3 2015 2015 2014 % Change
N’m N’m
Revenue 159,299 177,807 -10.41%
Gross Profit 19,193 20,747 -7.49%
Operating Expenses -16,881 -15,543 8.61%
Pre-tax profits 4,009 4,204 -4.64%
Profit After Tax 2,132 2,648 -19.49%
Share Price (As at Press time)  150.01

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