MRS Declares N329.71m Loss in Q2 2020 Result, (SP:N12.45k)

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Thursday, July 30, 2020 / 3:20 PM / By NSE / Header Image Credit: MRS Oil Nigeria Plc


MRS Oil Nigeria Plc released its Q2 2020 Unaudited results for the period ended June 30th, 2020.


Key Highlights

  • Revenue declined by -20.48% to N23.68m from N29.78m in the previous quarter.

  • Loss before tax declined by -66.72% to N329.71m.

  • Loss after tax declined by -66.72% to N329.71bn.

  • Net Assets declined by -1.7% from N19.10bn to N18.77bn.

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