Capital Oil Posts 94% Increase In Loss For Nine Months - Business - Nairaland
Nairaland Forum / Nairaland / General / Business / Capital Oil Posts 94% Increase In Loss For Nine Months (311 Views)
Banks Lose N5bn To Fraudsters In Nine Months – NDIC / Fidelity Bank Announces 94% Surge In PAT In 2017 / Kinnevik’s Investment In Konga Further Deteriorated In Nine Months (2) (3) (4)
(1) (Reply)
| Capital Oil Posts 94% Increase In Loss For Nine Months by amoss: 3:10pm On Oct 30, 2017 |
Capital Oil plc is reporting 94% increase in loss to NGN84.3 million in its financial results for the nine months ended in 2017 compared to NGN43.4 million loss reported in the same period in the financial year 2016. The company ended the period with NGN 429.2 bloom revenue which is 33% lower to NGN650.1 million it ended the previous year with while gross profit dropped by 43% to NGN33.4 million against NGN55.7 million posted in the year before. Operating loss for the period increased by 19% to NGN66.3 million from NGN55.7 million recorded in the fiscal year 2016. Total assets declared by Capital oil for the nine months was NGN1.2 billion compared to NGN1.6 billion declared in the year before while total liabilities was NGN137.2 billion versus NGN162.2 billion in 2016. SOURCE: https://pageone.ng/2017/10/30/capital-oil-posts-nine-months/
|
(1) (Reply)
Learn Easy Rules Of Wining Investors Over For Small Business / Distributors Needed Nationwide / Revealed! See 5 Best Places To Advertise On The Internet For Nigerian Businesses
(Go Up)
| Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 7 |