MRS Revenue slips to ₦107 billion in 2017

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MRS Oil Nigeria Plc recently released its financial statements for the year ended December 2017. Revenue dropped slightly from ₦109 billion in 2016 to ₦107 billion in 2017.

 

The company made a loss before tax of ₦996 million in 2017 as against a profit before tax of ₦2.2 billion in the previous year. Profit after tax was however positive at ₦1.3 billion due to a tax credit of ₦2.3 billion.

MRS Oil Nigeria has declared a bonus of 1 for 5.