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Home Markets Equities Company Results

MRS Oil Nigeria Plc Records Gains on PAT of N40.82 million in Q3 2021 

Ajibola Akamo by Ajibola Akamo
October 29, 2021
in Company Results, Markets
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MRS Oil Nigeria Plc released its unaudited financial results for the third quarter of the year ended 30th of September 2021. 

  • Revenue during the period was N53.23 billion. (+66.35% YoY) 
  • Cost of sales stood at N49.69 billion. (+68.27% YoY) 
  • Selling and Distribution costs for the period was N1.05 billion. (+40.95% YoY) 
  • Administrative expenses of N3.44 billion was recorded. (+11.60% YoY) 
  • Profit before tax was N40.82 million (+103.82%) 
  • Total assets during the period stood at N35.34 billion. (-1.32 bn YoY) 
  • Profit after tax was N40.82 million. (+104.64% YoY) 
  • Earnings per share of 13 kobo Vs -289 kobo YoY. 

See link to results 

Tags: MRS Oil NigeriaMRS Oil Nigeria - Financials
Ajibola Akamo

Ajibola Akamo

Ajibola Akamo is an Investment Analyst, Financial Analyst, Economist and Accountant. You may contact him via his email ajibolaakamo@yahoo.com

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