April 25, 2019

By InvestAdvocate

Lagos (INVESTADVOCATE)-Dual listed oil marketing major, Oando Plc on Thursday posted an impressive result as it reported profit after tax (PAT) for the  first quarter (Q1) period ended March 31, 2018 grew 10.57 percent to N4.63 billion from N4.49 billion recorded a year ago.

Pretax profit of the oil marketing major grew 34.80 percent to N8.77 billion from N6.50 billion declared the same period of 2018

Revenue increased 11.60 percent to N168 billion in the Q1 2019  compared to N150.54 billion posted the first quarter of 2019..