MRS Oil Nigeria releases H1 2017 results

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MRS Oil Nigeria Plc, an indigenous downstream player has released its H1 2017 financial statements and has reported a half year pretax profit of 1.13 billion naira.

For the half year ended June 2017, the company recorded a profit before income tax of 1.13 billion naira versus 1.54 billion naira a year ago.

It also recorded a half year revenue of 62.48 billion naira versus 53.78 billion naira a year ago.

For full report please see: Press Release