[Corporate Action] Conoil Plc Posts 16% Drop In PAT to N1.1 billion In Q3’2015
Conoil Plc released its financial results for the nine months ended 30 September 2015.
The result showed revenue declined by 42% from N104 billion in Q3’2014 to N60 billion in Q3’2015.
Pre-tax profits also declined by 16.11% from N2 billion in Q3’2014 to N1.7 billion in Q3’2015.
See Summary of result below..
|Conoil PLC Q3 2015||2015||2014||% Change|
|Profit After Tax||1,196||1,427||-16.19%|
|Share Price (As at Press time)||N27.41|