Japaul Oil and Maritime Services Plc in its unaudited report for the first quarter of 2019 recorded a turnover of N141.76 million, up by 30.34% when compared to the previous turnover of recorded in N108.76 million in the first quarter of 2018.
Loss before tax recorded for the period under review is N555.695 million. There was no tax recorded bringing loss for the period to close at N555.695 million.
For the past few trading days, the share price of Japaul Oil has being on the upward swing, growing from 20kobo to 33kobo. The Q1 performance might have an impact on the share price of the stock, investors should take note.