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Home Companies Corporate Press Releases

Alert: Forte Oil Reports N5.3 billion Pre-Tax Profit (2016 FY)

Research Team by Research Team
January 31, 2017
in Corporate Press Releases
Forte Oil To Seek Shareholder Approval To Raise N100 bn
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Forte Oil Plc released its 2016 result for the year ended 31 December 2016 ; See below

Revenue N’million

2016 9 Months | N148,605

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2015 9 Months | N124,617

%age Change| 19%

 

Pre-Tax Profit   N’million

2016 9 Months| N5,340

2015 9 Months| N7,012

%age Change|    -24%

 

EPS (kobo)

2016 9 Months| 199k

2015 9 Months| 433k

%age Change| -54%

 

This result was officially released on the  31st of  January 2017.

Download (PDF, 21.19MB)

Source: Nigerian Stock Exchange

 

Tags: 2016 FY2016 FY ResultsForte OilNigerian Company ResultsOIl and Gas News
Research Team

Research Team

The Research Team at Nairametrics meticulously monitors, gathers, curates, and administers an extensive repository of both macroeconomic and microeconomic data originating from Nigeria and across Africa. Utilizing a variety of presentation formats—including documents, tables, and charts—our analysts disseminate key findings through the Nairametrics platform. Additionally, we regularly release insightful, research-driven articles that offer in-depth analyses of economic trends and indicators.

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