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Forte Oil Plc released its 2016 result for the nine months ended 30 September 2016 ; See below
| Forte Oil Plc 2016 Quarter three Results | |||
| Forte Oil Plc | 2016 Q3 | 2015 Q3 | %age Change |
| N’000 | N’000 | ||
| Revenue | 121,083,284 | 91,615,603 | 32% |
| Pre-tax profits | 5,633,055 | 5,288,027 | 7% |
| Profit after tax | 2,796,830 | 4,284,585 | -35% |
| EPS (Naira) | 2.26 | 2.59 | -13% |
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This result was officially released on the 12th of October 2016.
[gview file=”https://cdn.nairametrics.com/wp-content/uploads/2016/10/FORTE_OIL_PLC_Q3_SEPT_2016_FINANCIAL_STATEMENTS_OCTOBER_2016.pdf”]
Source: Nigerian Stock Exchange
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