Conoil Plc on Monday published its Fourth Quarter report for the period ended 31 December 2020 on the website of the Nigerian Stock Exchange.
The report shows year on year decline in the firm’s top line and bottom line figures. The oil firm for the 12 months period reported the revenue of N117.47 billion, down by 15.95% from N139.76 billion reported the previous year.
Profit after tax for the period under review was N1.52 billion, down by 22.97% from N1.97 billion reported in 2019.
Earnings per share (EPS) of the oil firm dropped to N2.19 from the EPS of N2.84 in 2019.
At the share price of N21, the P.E ratio of Conoil stands at 9.59x with earnings yield of 10.43%.