MRS Declares N881m Loss in Q3 2020 Results, (SP:N12.45k)

Thursday, October 29, 2020 / 3:24 PM / by WebTV / Header Image Credit: MRS Oil Nigeria

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

Key Highlights

• Revenue declined by -33.3% to N31.5bn from N47.3bn in the previous quarter.

• Loss before tax stood at N910m.

• Loss after tax stood at N881m.

• Net Assets declined by -4.6% from N19.1bn to N18.2bn.

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