MRS Declares N1.14bn loss in 2019 Q4 Unaudited Result,(SP:N15.30k)


Thursday, February 06, 2020 03:32 PM / NSE / Header Image Credit: MRS Oil Nigeria Plc  

MRS Oil Nigeria Plc released its Q4 Unaudited 2019 results for the period ended December 31st, 2019.

Key Highlights

Revenue declined by -27.69% to N64.8bn from N89.6bn in the previous quarter.

Loss before tax stood at N1.9bn.

Loss after tax stood at N1.14bn.

Net Assets also declined by -5.5% to N19.6bn from N20.7bn.

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