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Nairametrics
Home Sectors Energy

TotalEnergies Marketing Nigeria Plc forecasts N3.85 billion PAT in Q4 2021.

Chidi Emenike by Chidi Emenike
September 10, 2021
in Energy
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TotalEnergies Marketing Nigeria Plc released its earnings forecasts for the fourth quarter of the year (Q4, 2021).

  • Gross revenue is expected to hit N145.3 billion during the period under review.
  • Cost of sales projection of N125.83 billion.
  • Administrative expenses projection of N13.8 billion.
  • Operating profit is projected at N6.3 billion.
  • Net finance costs projection of N590 million.
  • Income tax is projected at N1.85 billion.
  • Profit after tax is projected at N3.85 billion.

See link to forecasts.

Tags: TotalEnergies Marketing Nigeria Plc
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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