BUSINESS

Conoil Grows Profit By 43.5% In Q3 2021

Conoil Plc which is into marketing of refined petroleum products, manufacturing and marketing of lubricants, household and liquefied petroleum gas for domestic and industrial use has released its unaudited financial statements  for the period ended 30 September 2021 with 43.5% rise in profit to N1.594 billion from N1.11 billion in 2020.

Revenue was weaker at 14.6% growth to N100.980 billion from N88.101 billion in 2020.

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