Oando plc Reports Earnings Results for the Second Quarter Ended June 30, 2019
July 26, 2019 at 07:07 am EDT
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.