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Home Markets Equities Company Results

H1 2018 Results: Total Nigeria Plc records 23% increase in profit

mudeerat olawunmi by mudeerat olawunmi
August 1, 2018
in Company Results, Markets, Stock Market
Total E&P Nigeria appoints Bandele as new Deputy Managing Director

Total Nigeria Plc

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Total Nigeria Plc recently released its H1 2018 financial statements for the year ended 30 June 2018.

Here are the key highlights of the reports

Revenue

The company reported revenue of ₦156.27 billion for the period ended June 2018 compared to ₦152.97 billion reported for the period ended June 2017. This represents 2% increase.

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Profit Before Tax

Profit before tax was ₦8.65 billion for the period ended June 2018, a 18% increase compared to profit of ₦7.31 billion reported for the period ended June 2017.

Profit After Tax

The company’s profit after tax for the half year ended 30th June 2018 was ₦5.67 billion, a 23% increase compared to profit of ₦4.61 billion recorded in H1 2017.

Earnings Per Share

Total Nigeria Plc, however, reported earnings per share of N17 for the period ended June 2018 as against earnings of N14 reported for the comparative period in 2017.

Current Share Price

Total Nigeria Plc stock as at yesterday was N183, 1-year return down by 27.24%

DOWNLOAD TOTAL NIGERIA PLC H1 2018 RESULTS

 

 

 

 

 

 

 


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Tags: 2018 Half Year ResultsTotal Nigeria Plc
mudeerat olawunmi

mudeerat olawunmi

Mudeerat Olawunmi is a graduate of Business Administration with over 5 years experience in online data gathering and analysis. Wunmi is a data analysts at Nairametrics and helps ensure that our readers get some of the most important macro and micro economic data required to help make investing decisions.

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