The third quarter financial report of Total Nigeria Plc for the period ended September 30th 2019 reveals that the group declined by 2.24% in Gross Earnings closing at N221.8 billion from the previous close of N226.9 billion in 2018.
The Profit after Tax (PAT), dropped by 102.67% to arrive at N204 million deficit from N7.6 billion recorded in Q3’18.
The company sheds its shareholders’ Earning Per Share (EPS) by over 100%, closing at 60 kobo deficit away from 22.58 kobo reported in 2018.
At a reference price of N123.20, the PE Ratio stood at -204x with earnings yield of -0.49%.