Mrs Oil Nigeria Plc has reported a growth of 34.93% in its post-tax profit for the period ended 31 March 2024.
The Oil Company reported revenue of N79.16 billion for the 3 months period, up by 157.11% from N30.79 billion reported in Q1 2023.
Profit after tax grew year on year by 34.93% to N1.99 billion from N1.475 billion reported in Q1 2023.
Earnings per share of the Company stands at N5.80.
At the share price of N135, the P/E ratio of MRS Oil stands at 23.26x with earnings yield of 4.30%.