Conoil Plc reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was NGN 34,967.56 million compared to NGN 26,148.59 million a year ago. Net income was NGN 3,009.69 million compared to NGN 557.22 million a year ago.

Basic earnings per share from continuing operations was NGN 4.34 compared to NGN 0.8 a year ago. Diluted earnings per share from continuing operations was NGN 4.34 compared to NGN 0.8 a year ago.