CONOIL Declares N1.5bn PAT in Q4 2020 Results, (SP:N21.00k)


Saturday February 13, 2021 / 10:37AM / by NSE / Header Image Credit: Conoil Plc

Conoil Plc released its Q4 2020 Unaudited results for the period ended December 31st, 2020.

Key Highlights

  • Revenue declined by -16% to N117bn from N140bn in the previous quarter.

  • Profit before tax declined by 24.3% to N2bn.

  • Profit after tax declined by 23% to N1.5bn.

  • Net Assets grew by 0.7% from N19.5bn to N19.6bn.

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