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Forte Oil releases Q1 2018 results


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Forte Oil Plc today released its financial statements for the first quarter ended March 2018. Revenue increased from ₦33 billion in 2017 to ₦39 billion in 2018. Profit before tax rose from ₦2 billion in 2017 to ₦3.1 billion in 2018. Profit after tax moved from ₦1.8 billion in 2017 to ₦2.9 billion in 2018.  […]

Forte Oil releases Q1 2018 results
Akin Akinfemiwa, Group Chief Executive Officer, Forte Oil Plc

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Forte Oil Plc today released its financial statements for the first quarter ended March 2018. Revenue increased from ₦33 billion in 2017 to ₦39 billion in 2018. Profit before tax rose from ₦2 billion in 2017 to ₦3.1 billion in 2018. Profit after tax moved from ₦1.8 billion in 2017 to ₦2.9 billion in 2018.

 

Here is a copy of the result.





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