MRS Oil pre tax profit drops 26% (2017 H1)

MRS Oil released its financial results for the period ended 30 June 2017 ; See below

Revenue N’m

2017 6 Months | 62,480

2016 6 Months | 53,777

%age Change| 16%

Pre Tax  Profit N’m

2017 6 Months| 1,135

2016 6 Months| 1,537

%age Change| -26%

Profit after Tax N’m

2017 6 Months| 703

2016 6 Months| 910

%age Change| -23%

EPS (Kobo)

2017 6 Months| 277k

2016 6 Months| 358k

%age Change| -23%

This result was officially released on the 1st of August.

[gview file=”https://cdn.nairametrics.com/wp-content/uploads/2017/08/MRS_OIL_-_HALF-YEAR_JUNE_2017_FINANCIAL_STATEMENTS_AUGUST_2017.pdf”]