Total Nigeria Announces 35% Pre-Tax Profit Rise In H1

Posted on July 27, 2012 02:41 pm under Business, Energy
Total Nigeria

VENTURES AFRICA - The Nigerian unit of the global oil and energy company Total, on Friday filed its half year report with the Nigerian Stock Exchange, indicating a 34.74 percent rise in its half-year profit-before-tax.

In the report made available to Reuters, the Total Nigeria said its profit rose to 4.46 billion naira ($27.8 million) from 3.31 billion naira ($20.6 million) within the same period last year.

The company’s turnover was 109.84 billion naira ($684.4 million) from 87.48 billion naira ($545 million) in the same period a year ago.

On the floor of the Nigerian Stock Exchange (NSE), the stock of Total Nigeria was flat at 130 naira ($0.81) per share.

Related posts:

  1. Conoil’s H1 Profit Plunges By 81% VENTURES AFRICA – Leading Nigerian Oil retailer, Conoil has recorded...
  2. Cadbury Nigeria’s H1 Profit Jumps 50% VENTURES AFRICA – Confectionery company Cadbury Nigeria on Monday posted...
  3. UBA Almost Quadruples Q2, Q3 Profit VENTURES AFRICA – Leading Nigerian lender, United Bank for Africa...
  4. Kenya: CFC Stanbic Bank Announces 61% Increase In Q1 Profit VENTURES AFRICA – Kenya’s CFC Stanbic bank, a unit Standard...
  5. Nigerian Breweries Plc Records 24% Turnover Increase VENTURES AFRICA – Nigeria’s largest brewing company by market value,...
Tags:African BusinessAfrican business newsOil & Gas in NigeriaTotal NigeriaVentures Africa

The Author

Paul Adepoju

AUTHOR'S CONTRIBUTION

Total Posts: 26

Follow Author

Latest comments on "Total Nigeria Announces 35% Pre-Tax Profit Rise In H1"

    No comments found...