MRS declares 173k Dividend in 2016

Mon, Mar 27, 2017 | By publisher


Business Briefs


THE MRS Oil Nigeria Plc at the Nigeria Stock Exchange today stated its audited financial statements for Year December 2016, recording gross earnings of N109.64 billion compared to the N87.10 billion it made during same period in December 2015.

Its profit/(Loss) Before Tax during the period ending December 2016 stood at N2.29 billion while that of December 2015 is N1.46billion

The company’s taxation for the fiscal year ending December 2016b is N821.44m compared to that of December 2015 which is N525.22m.

The profit/(Loss) after tax for fiscal year ending December 2016 is N1.47 billion while that of December 2015 is N935.63 million

The company declared a dividend of for the year ending December 2016 at 173k compared to that of December 2015 which is 110k

—  Mar 27, 2017 @ 15:20 GMT

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