BUSINESS

MRS Oil Records 79.78% Drop In Profit In Q2 2021

MRS Oil Nigeria Plc, has released its financial statements for 2nd Quarter ended 30 June 2021 with 79.78% drop in profit to N146.766 million from N725.994 million in Q2 2020.

The company returned to N151.544 profit in the half year from N329.712 million loss in H1 2020.

Moreover revenues rose to N19.4 billion in Q2 from N5.9 billion in Q2 2020 while figure got the H1 rose to N36.749 billion from N23.988 billion in H1 2020.

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