MRS Oil projects N779m profit for Q4

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MRS Oil Nigeria Plc, a major oil marketing firm has released its  statement of comprehensive forecast for fourth quarter 2020 with revenue projected at N125.396 billion, profit after tax of N775 million and 254k earnings per share.

The company on The Nigerian Stock Exchange (NSE) last week also forecasted a significant rise in cash and cash equivalent at end of the year N5.19billion from N1.48 billion in the beginning of the period.

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