Tuesday, July 27, 2021

    MRS Oil forecasts a return to profit with N197m in Q2 2021

    Must read

    Naija247news is an investigative news platform that tracks news on Nigerian Economy, Business, Politics, Financial and Africa and Global Economy.

    MRS Oil Nigeria Plc, a major oil marketing firm has released its statement of comprehensive forecast for second quarter 2021 with revenue projected at N49,254,590,224 compared with N23,624,996,644 forecasted for Q1 2021.

    The oil marketer also forecasted a profit after tax N197,007,035 from loss after tax of N13,542,052 for Q1 2021.

    The company also forecasted a rise in cash and cash equivalent at end of the quarter to N5,817,800,425.48 from N3,924,815,269.17 at the beginning of the period.

    Naija247news earlier reported MRS Oil forecast for Q1 2021 with revenue projected at N23,624,996,644 compared with N125.396 billion forecast for Q4 2020.

    - Advertisement -spot_img

    More articles

    - Advertisement -spot_img

    Latest article

    WP to LinkedIn Auto Publish Powered By : XYZScripts.com