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Forte Oil Plc late yesterday released its financial statments for the year ended December 2017. Revenue dropped from N148 billion in 2016 to N129 billion in 2017.
Profit before tax increased from N5.3 billion in 2016 to N10.6 billion in 2017. Profit after tax rose massively from N2.89 billion in 2016 to N12.2 billion in 2017.
Here is a copy of the result.
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