JAPAULOIL Declares N1.4 bn Loss in Q2 2019 Result,(SP:N0.20k)


Wednesday, August 14, 2019 / 12:53 PM / NSE /  / Header Image Credit: Japaul Oil Maritime

JAPAUL Oil and Maritime Services Plc released its Unaudited second quarter results for the period ended June 30, 2019.


Key Highlights

Revenue declined by 49.75% to N333.013m from N662.705m in the previous quarter.

Loss for the Period declined by 71.71% to N1.26bn

Net Assets however increased by 3.8% to N36.90bn from N35.54bn as at 31st December, 2018.

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