BUSINESS

TotalEnergies Marketing Nigeria Grows Profit By 711% In 2021

TotalEnergies Marketing Nigeria Plc has released its results for the year ended 31 December with 711% rise in profit after tax to N16.725 billion from N2.063 billion in 2020.

Revenue for the year rose by 67% to N341.169 billion from N204.721 billion in 2020.

Meanwhile, the company will not be proposing additional dividend beside the N1.358 billion interim dividend earlier proposed when compared with total dividend of N2.063 billion in 2020.

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