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Home Business News

Oando Plc releases Q3 2018 results

Onome Ohwovoriole by Onome Ohwovoriole
October 31, 2018
in Business News, Company News
These stocks made money for investors last week

Wale-Tinubu, Group CEO, Oando Plc

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Oando Plc has released its results fpr the third quarter ended September 30, 2018. Here are highlights of the results

Revenue

Revenue jumped from N383 billion in 2017 to N505 billion in 2018.

Profit Before Tax

Profit before tax (from continuing operations) fell from N9.4 billion in 2017 to N4.7 billion in 2018.

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Profit After Tax

Profit after tax  (from continuing operations) however jumped from N2.3 billion in 2017 to N10.3 billion in 2018, due to a tax credit.

Earnings Per Share

Earnings per share stood at N0.32 in 2018, compared to a loss of N0.29 made in the corresponding period of 2017.

Current Share Price

Oando is currently trading at N5.20 in today’s trading session on the Nigerian Stock Exchange (NSE).

 

DOWNLOAD OANDO PLC Q3 2018 RESULTS

 


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Tags: Oando PlcQ3 2018 Results
Onome Ohwovoriole

Onome Ohwovoriole

Onome Ohwovoriole has a degree in Economics and Statistics from the University of Benin and prior to joining Nairametrics in December 2016 as Lead Analyst had stints in Publishing, Automobile Services, Entertainment and Leadership Training. He covers companies in the Nigerian corporate space, especially those listed on the Nigerian Stock Exchange (NSE). He also has a keen interest in new frontiers like Cryptocurrencies and Fintech. In his spare time, he loves to read books on finance, fiction as well as keep up with happenings in the world of international diplomacy. You can contact him via onome.ohwovoriole@nairametrics.com

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