MRS Oil Nigeria Plc Records Gains on PAT of N40.82 million in Q3 2021 

MRS Oil Nigeria Plc released its unaudited financial results for the third quarter of the year ended 30th of September 2021. 

  • Revenue during the period was N53.23 billion. (+66.35% YoY) 
  • Cost of sales stood at N49.69 billion. (+68.27% YoY) 
  • Selling and Distribution costs for the period was N1.05 billion. (+40.95% YoY) 
  • Administrative expenses of N3.44 billion was recorded. (+11.60% YoY) 
  • Profit before tax was N40.82 million (+103.82%) 
  • Total assets during the period stood at N35.34 billion. (-1.32 bn YoY) 
  • Profit after tax was N40.82 million. (+104.64% YoY) 
  • Earnings per share of 13 kobo Vs -289 kobo YoY. 

See link to results 

MRS Oil Nigeria Plc grows profit by 146% to N151.54m in Half Year 2021.

MRS Oil Nigeria Plc released its unaudited financial results for the period ended June 30, 2021.

  • Revenue for the period was N36.75 billion. (+53.2% YoY)
  • Cost of sales was N34.4 billion. (+54.2% YoY)
  • Administrative expenses totalled N2.21 billion (+19.2% YoY)
  • Profit for the period was N151.54 million.(+146% YoY)
  • Earnings per share of 50 kobo (+146.3% YoY)
  • Total assets as at the period stood at N32.61 billion.

See link to results.