Total Nigeria Declares N8.93 Billion PAT in Q2 2016

Total Nigeria

By InvestAdvocate

Lagos (INVESTADVOCATE)-Oil marketing firm, Total Nigeria Plc said on Friday its profit after tax (PAT) for the period ended June 30, 2016 increased 271 percent to N8.93 billion from N2.41 billion recorded a year ago.

Similarly, profit before tax (PBT) of Total Nigeria climbed up 199 percent to N12.93 billion from N4.33 billion posted the same period of 2015.

Revenue increased 30 percent to N145.5 billion from N112 billion declared a year earlier, the oil marketing major said in a filing with the Nigerian Stock Exchange (NSE).

Click here to download Total Nigeria Plc Half-Year Report for the period ended June 30, 2016

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