MRS OIL NIGERIA PLC reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was NGN 16,481.85 million compared to NGN 8,011.36 million a year ago. Net loss was NGN 110.72 million compared to NGN 550.85 million a year ago. Basic loss per share from continuing operations was NGN 0.32 compared to NGN 1.6089 a year ago.
For the nine months, sales was NGN 53,231.34 million compared to NGN 31,998.94 million a year ago. Net income was NGN 40.82 million compared to net loss of NGN 880.56 million a year ago. Basic earnings per share from continuing operations was NGN 0.1156 compared to basic loss per share from continuing operations of NGN 2.5689 a year ago.