Total Plc declines topline figures by 29.25% in HY’20 report

 Total Nigeria Plc on 24th July, 2020 released its unaudited financial results for the period ended 30th June 2020, which revealed that the Company declined in Revenue by 29.25% to arrive at N106.7 billion against the previous’ N150.8 billion in the preceding period of 2019.

The Profit after Tax (PAT), also dipped by 513% to close the period at a loss of N537.2 million from the previous close of N130 million in HY’19.

With about 340 million Share outstanding, the Shareholders’ earnings per share fell by over 500% to close at a deficit N1.58 against N0.38 recorded same period last year.

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