2020 FY Results: Conoil Plc reports a 27% dip in profit to N1.44 billion.

Conoil Plc released its audited financial statements for the year ended 31st of December, 2020. Revenue for the year was N117.5 billion. (-15.9% YoY) Cost of sales was N107.7 billion. (-14.8% YoY) Administrative expenses totalled N5.18 billion. (-21.5% YoY) Profit for the year was N1.44 billion. (-27% YoY) Earnings per share of N2.08 Vs N2.84 […]