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Home Sectors Energy

MRS Oil Nigeria Plc grows profit by 146% to N151.54m in Half Year 2021.

Chidi Emenike by Chidi Emenike
July 30, 2021
in Energy
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MRS Oil Nigeria Plc released its unaudited financial results for the period ended June 30, 2021.

  • Revenue for the period was N36.75 billion. (+53.2% YoY)
  • Cost of sales was N34.4 billion. (+54.2% YoY)
  • Administrative expenses totalled N2.21 billion (+19.2% YoY)
  • Profit for the period was N151.54 million.(+146% YoY)
  • Earnings per share of 50 kobo (+146.3% YoY)
  • Total assets as at the period stood at N32.61 billion.

See link to results.

Tags: Company Financial ResultsMRS Oil NigeriaMRS Oil Nigeria - News
Chidi Emenike

Chidi Emenike

Chidi Emenike is a graduate of economics, a Young African Leadership Initiative Fellow and an Investment Foundations certificate holder. He worked as a graduate Teaching Assistant in the Federal College of Education Kano and is also a trained National Peer Group Educator on Financial Inclusion

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