TAG: MRS OIL

All the major economic news from Nigeria in 5 minutes – 17/7/2017

All the major economic news from Nigeria in 5 minutes – 17/7/2017

Summary of the top business, economic and political news in Nigeria today.   The Minister of Agriculture and Rural Development, Chief Audu Ogbeh, has...


MRS Oil Plc Chairman Sayyu Dantata resigns

MRS Oil Plc Chairman Sayyu Dantata resigns

In a notice sent to the Nigerian Stock Exchange (NSE), the management of MRS Oil Plc informed the investing public of the resignation of...


Alert: MRS Oil Reports N1.5 billion Profit (2016 FY)

Alert: MRS Oil Reports N1.5 billion Profit (2016 FY)

MRS Oil Nigeria today released audited results for the financial year ended 31 December 2016.   Revenue N’million FY 2016| N109,635 FY 2015| N87,099...



What You Should Know About MRS Oil Newly Appointed MD, Andrew Gbodume

What You Should Know About MRS Oil Newly Appointed MD, Andrew Gbodume

MRS Oil Nigeria Plc, has announced the appointment of Mr. Andrew Gbodume as its Managing Director following the resignation of Mr. Paul Bissohong. In...


Analysis: MRS Oil 9 Plc Months Results

MRS Oil Nigeria Plc. (9 months ended September 2014)   MRS Oil Nigeria Plc (MRS) released 9M 14 unaudited results, wherein revenue was flat (+0.4%)...


MRS Oil Post 529% Increase In Earnings (2014 9 Months Results)

MRS OIL PLC 9 MONTHS UNAUDITED RESULTS FOR THE PERIOD ENDED SEPTEMBER 2014 Revenue (Millions) 2014 N69,235 2013 N69,714 %age Change (-0.6%) Profit After...


These Are The Most Expensive Stocks On The NSE

These Are The Most Expensive Stocks On The NSE

The stock market is not like your typical everyday Supermarket but it’s still a market. It’s just that unlike the supermarket prices are more...


MRS Oil Post N634million PAT, Propose 75kobo Dividends

MRS Oil has released its 2013 FY results showing a 10% rise in revenue t0 N87.7billion (2012: N79.2billion). Highlights Gross profit dropped 16% to...


MRS Oil Plc: High Cost Of Sales Shrinks Margins and Threatens Profitability (Analysis 2013 9 Months)

MRS Oil Plc: High Cost Of Sales Shrinks Margins and Threatens Profitability (Analysis 2013 9 Months)

MRS Oil Nigeria Plc 2013 9 Months Results ↓ MRS Oil Plc released its 2013 9 months financial statements showing a YoY revenue growth of...


Earnings Analysis 2013 H1: MRS Oil Plc Pays Down Debt By 97%, Grows Revenue By 95% QoQ

Earnings Analysis 2013 H1: MRS Oil Plc Pays Down Debt By 97%, Grows Revenue By 95% QoQ

  [upme_private]MRS Oil Plc (MRSOIL:NL) released its 2013 H1 earnings with revenue rising 20.5% to N46billion (2012 H1: N38.2billion). Gross Profit margin however remained...


MRS Oil Post Poor PAT Results For FY And Q1…But Declare Dividends

MRS Oil Post Poor PAT Results For FY And Q1…But Declare Dividends

MRS Oil Plc released a double dose of 2012 FY and 2013 Q1 results today. The company posted a N79.7billion revenue representing an increase...