FO Declares N5.45bn PAT in Q2 2019 Result,(SP:N18.30k)

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Thursday, August 08, 2019 04:37PM / NSE


Forte Oil Plc released its unaudited second quarter results for the period ended June 30, 2019.

 

Key Highlights 

Revenue grew by 33.9% to N82.79bn from N61.83bn in the previous quarter.

PBT grew by 857.6% to N6.33bn

PAT declined by 1386.8% to N5.45bn

Net Assets also declined by 28.7% to N17.70bn from N13.75bn as at 31st December, 2018.


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Graph – One Year Share Price Movement

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