Monday, April 06, 2019 08:18AM / NSE
Forte Oil Plc released its Unaudited first quarter
results for the period ended March 31, 2019.
Revenue grew by +50% to N42.55bln from N28.36bln in
the previous quarter.
PBT grew by 877.4% to N454.73mln
PAT grew by 498.1% to N650mln
Net Assets also declined by 73.1% to N17.03bln from
N63.56bln as at 31st December, 2018.
The Board of Directors has approved a special dividend
of N1.15 per share from the proceeds of the divestments of the subsidiaries of
the company to its shareholders.
Visit Forte Oil Plc IR
Page in Proshare MARKETS
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