MRS Oil Nigeria Plc reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was NGN 30,788.46 million compared to NGN 17,896.11 million a year ago. Net income was NGN 1,475.13 million compared to net loss of NGN 41.45 million a year ago.

Basic earnings per share from continuing operations was NGN 4.3 compared to basic loss per share from continuing operations of NGN 0.1244 a year ago.