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MRS Oil H1 Profit Plunges

Posted by July 31, 2015

Nigeria's MRS Oil reported an 86.1 percent decline in first-half pretax profit to 64.5 million naira, the fuel retailer said on Friday.

Revenue fell to 36.98 billion naira during the period to June 30 from 47.16 billion naira a year ago, it said in a filing to the Nigerian Stock Exchange. 


Reporting by Oludare Mayowa

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