Conoil Plc released its first quarter result for 2019 on Thursday, July 11th, 2019. And the company made a total turnover of N35.637bn, which is an improvement of about 13% when compared with the previous turnover of N31.318bn in Q1’18.
Profit after Tax (PAT) rose by 53.90% to close at N325mn against the previous PAT of N211mn in the first quarter of 2018.
The earnings per share (EPS) of the company for the period under review is N0.47, compared with the previous EPS of N0.30 kobo in Q1’18.
With stock value of N20.00, the PE ratio of Conoil plc in Q1’19 stands at 42.68x with earnings yield of 2.34%.