MRS Declares N1.1bn Loss in Q3 2019 Results,(SP:N16.95k)

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Thursday, October 31, 2019 /7:17 PM / NSE / Header Image Credit: Financial Nigeria


MRS Oil Nigeria Plc released its Q3 unaudited 2019 results for the period ended September 30th, 2019.


Key Highlights

Revenue declined by -37.85% to 47.3bn from 76.1bn in Q3 2018

Loss before tax stood at 1.4bn.

Loss after tax stood at 1.1bn.

Net Assets declined by 5.4% to 19.6bn from 20.7bn as at December 31, 2018

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