The Nigerian Markets Snapshot
CONOIL PLC PERFOMANCE FOR THE PERIOD ENDED 30TH SEPT., 2020
Conoil Plc is a Nigerian petroleum marketing company involved in the sale of Purpose Kerosene (DPK), Low-pour Fuel Oil (LPFO), Automotive Gasoline/Grease Oil (AGO), Lubricants and Liquefied petroleum gas (LPG). The following is the snapshot of the firms’s unaudited financial statement for the period ended 30 September, 2020. Sept 2020 (N’000) Sept 2019 (N’000) % Change Revenue 88,101,378 112,722,803 (22) Profit Before Tax 1,633,533 2,453,272 (33) Taxation (522,731) (753,048) (31) Profit for the Period (1,110,802) (1,700,224) (35) Retained Earnings 16,406,795 14,441,647 14 Earnings/Share (kobo) 160 245 (35) Share Price (N) 19.05 15.40 SPOTLIGHT · ...
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