Conoil Plc released its audited financial statements for the year ended 31st of December, 2020.
- Revenue for the year was N117.5 billion. (-15.9% YoY)
- Cost of sales was N107.7 billion. (-14.8% YoY)
- Administrative expenses totalled N5.18 billion. (-21.5% YoY)
- Profit for the year was N1.44 billion. (-27% YoY)
- Earnings per share of N2.08 Vs N2.84
- A dividend of N1.50 was proposed by the board.
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