CONOIL Declares N1.1bn PAT in Q3 2020 Results, (SP:N19.05k)

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Monday, November 09, 2020 / 2:44 PM / by NSE / Header Image Credit: Conoil 


Conoil Plc released its Q3 2020 Unaudited results for the period ended September 30th, 2020.


Key Highlights

  • Revenue declined by -22% to N88bn from N113bn in the previous quarter.

  • Profit before tax declined by 33% to N1.6bn.

  • Profit after tax declined by 35% to N1.1bn.

  • Net Assets grew by 5.7% from N19bn to N21bn.

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