MRS Oil Nigeria Plc reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was NGN 41,228.83 million compared to NGN 26,489.2 million a year ago. Net income was NGN 1,132.1 million compared to NGN 433.23 million a year ago. Basic earnings per share from continuing operations was NGN 3.3 compared to NGN 1.26 a year ago.
For the nine months, sales was NGN 100,877.72 million compared to NGN 69,150.14 million a year ago. Net income was NGN 3,442.53 million compared to NGN 785.04 million a year ago. Basic earnings per share from continuing operations was NGN 10.04 compared to NGN 2.29 a year ago.