MRS Oil Nigeria Plc grows profit by 146% to N151.54m in Half Year 2021.

MRS Oil Nigeria Plc released its unaudited financial results for the period ended June 30, 2021.

• Revenue for the period was N36.75 billion. (+53.2% YoY)
• Cost of sales was N34.4 billion. (+54.2% YoY)
• Administrative expenses totalled N2.21 billion (+19.2% YoY)
• Profit for the period was N151.54 million.(+146% YoY)
• Earnings per share of 50 kobo (+146.3% YoY)
• Total assets as at the period stood at N32.61 billion.

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