BUSINESS

MRS Oil Nigeria Losses N41.45m In Q1 2022

MRS Oil Nigeria Plc, a major oil marketer has released its financial statements for the 1st Quarter ended 31 March 2022 with a slip into loss after taxation of N41.450 million from a profit of N4.778 million in Q1 2021.

Revenue for the quarter rose slightly to N17.896 billion from N17.349 billion in Q1 2021.

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