MRS Oil Nigeria Plc reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was NGN 81,433.24 million compared to NGN 31,629.74 million a year ago. Net income was NGN 1,454.45 million compared to NGN 531.06 million a year ago. Basic earnings per share from continuing operations was NGN 4.24 compared to NGN 1.55 a year ago.
For the full year, sales was NGN 182,310.96 million compared to NGN 100,779.88 million a year ago. Net income was NGN 4,896.98 million compared to NGN 1,316.1 million a year ago. Basic earnings per share from continuing operations was NGN 14.28 compared to NGN 3.84 a year ago.