Conoil Reports 12.45% Rise In Pre-Tax Profit In 2024
Conoil Plc has reported a solid performance in 2024, with pre-tax profit rising by 12.45 percent to N13.806 billion, supported by a 60.45 percent surge in revenue to N323.123 billion. The growth was primarily driven by the company’s white products, which contributed 96 percent of total revenue and grew by 62.42 percent year-over-year (YoY). However, […]
Read MoreMRS Oil Nigeria’s FY 2024 Soars By 71.26% In Revenue
MRS Oil Nigeria Plc has reported a strong financial performance in financial year (FY) 2024, marked by a 71.26 percent surge in revenue to N312.2 billion, driven primarily by robust sales of premium motor spirit (PMS), which accounted for 87.1 percent of total revenue. Despite a significant 72.32 percent increase in the cost of sales […]
Read More