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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