Conoil Plc has declared A profit after tax of N9.87 billion in 2023 financial year, about 99 percent growth from N4.96 billion declared in 2022. According to the company’s audited financial statement for 2023, the company posted a revenue of…
By Philemon Adedeji Conoil Plc, a Nigerian petroleum marketing company involved in the sale of regulated gasoline and kerosene, diesel, have reported a significant increase in revenue and a decline in total operating expenses that impacted positively on profits in…
The nation’s total energy provider, Conoil Plc has reiterated its resolve to maintain its leadership position in the downstream petroleum sector by building a stronger financial position and creating higher values for its shareholders. At its 51st Annual General Meeting…
By Kayode Tokede Conoil Plc has reported 62.8 per cent increase in profit before tax to N623.43 million in its unaudited first quarter results for period ended March 31, 2021 as against N382.92million reported in prior first quarter results for…
By Kayode Tokede Conoil Plc has reported 27 per cent drop in its profit to N1.44billion in audited results for full year ended December 31, 2020 from N1.97billion reported in full year ended December 31, 2019. Similarly, profit before tax…
By Kayode Tokede Conoil Plc in its unaudited third quarter (Q3) ended September 2020 reported poor performance as key financial parameters recorded decline. The decline in revenue impacted on the petroleum marketing company profits in the period. The management was…
