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

by Research Team

May 29, 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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September 14, 2021

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

Research Team

Nairametrics Research team tracks, collates, maintains and manages a rich database of macro-economic and micro-economic data from Nigeria and Africa. Our analysts share some of the data collated on Nairametrics, using formats such as docs, tables and charts etc. The team also publishes research based analysis as articles on a regular basis.

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

Investors laud NGX Group’s management’s actions

Konga signs MoU with FG on job creation

Research Team

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