Oando PLC announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was NGN 147,399.015 million compared to NGN 146,760.671 million a year ago. Operating loss was NGN 15,931.972 million compared to NGN 1,046.008 million a year ago. Net loss was NGN 1,557.885 million compared to net income of NGN 750.485 million a year ago. Basic loss per share was NGN 0.13 compared to basic earnings per share of NGN 0.06 a year ago. For the half year, sales was NGN 315,408.564 million compared to NGN 297,307.627 million a year ago. Operating income was NGN 1,168.340 million compared to NGN 13,842.852 million a year ago. Net income was NGN 3,608.308 million compared to NGN 2,978.981 million a year ago. Basic earnings per share was NGN 0.29 compared to NGN 0.24 a year ago.