MRS Oil Nigeria Plc reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was NGN 28,860.44 million compared to NGN 24,764.83 million a year ago. Net income was NGN 835.3 million compared to NGN 393.26 million a year ago. Basic earnings per share from continuing operations was NGN 2.44 compared to NGN 1.1467 a year ago.
For the six months, sales was NGN 59,648.89 million compared to NGN 42,660.94 million a year ago. Net income was NGN 2,310.43 million compared to NGN 351.81 million a year ago. Basic earnings per share from continuing operations was NGN 6.74 compared to NGN 1.0222 a year ago.