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Conoil's 2014 Pretax Profit Falls 66.5%

Posted by September 4, 2015

Nigerian fuel retailer Conoil's 2014 full-year pretax profit fell 66.5 percent to 1.53 billion naira ($7.7 million), it said on Friday.

 
Turnover fell 19.5 percent to 128.35 billion naira in the 12 months to December 30, year-on-year, the company said in a filing with the Nigerian Stock Exchange.
 
 
($1 = 198.8500 naira)
 
(Reporting by Chijioke Ohuocha; Editing by Pravin Char)

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