MRS Declares N1.8m Loss in Q4 2020 Results, (SP:N13.40k)

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Wednesday, February 03, 2021 / 03:36PM / NSE / Header Image Credit: MRS Holdings


MRS Oil Nigeria Plc released its Q4 2020 Unaudited results for the period ended December 31st, 2020.


Key Highlights

  • Revenue declined by -36% to N41bn from N65bn in the previous quarter.

  • Loss before tax stood at N2.3bn.

  • Loss after tax stood at N1.8bn.

  • Net Assets declined by -9.4% from N19.1bn to N17.3bn.


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