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Forte Oil releases Q1 2018 results

Forte Oil Plc today released its financial statements for the first quarter ended March 2018. Revenue increased from ₦33 billion in 2017 to ₦39 billion in 2018. Profit before tax rose from ₦2 billion in 2017 to ₦3.1 billion in 2018. Profit after tax moved from ₦1.8 billion in 2017 to ₦2.9 billion in 2018.  […]

Forte Oil releases Q1 2018 results
Akin Akinfemiwa, Group Chief Executive Officer, Forte Oil Plc

Forte Oil Plc today released its financial statements for the first quarter ended March 2018. Revenue increased from ₦33 billion in 2017 to ₦39 billion in 2018. Profit before tax rose from ₦2 billion in 2017 to ₦3.1 billion in 2018. Profit after tax moved from ₦1.8 billion in 2017 to ₦2.9 billion in 2018.

 

Here is a copy of the result.




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