MRS OIL NIGERIA PLC reported earnings results for the fourth quarter and full year ended December 31, 2021. For the fourth quarter, the company reported sales was NGN 18,744.91 million compared to NGN 9,981.91 million a year ago. Net income was NGN 94.65 million compared to net loss of NGN 725.03 million a year ago. Basic earnings per share from continuing operations was NGN 0.2756 compared to basic loss per share from continuing operations of NGN 2.1155 a year ago.
For the full year, sales was NGN 71,976.26 million compared to NGN 41,981.44 million a year ago. Net income was NGN 135.47 million compared to net loss of NGN 2,264.15 million a year ago. Basic earnings per share from continuing operations was NGN 0.3911 compared to basic loss per share from continuing operations of NGN 6.6044 a year ago.