Total Nigeria reports N290.88bn turnover in Q4’19

TOTAL Nigeria plc published its Q4 2019 results, with profit after tax decline of 69.58% year on year.

Revenue also declined by marginal 5.5% year on year from about N307billion to about N290 billion.

The company’s earnings per share also declined by 69.58% from about N23.44 to N17.13

With reference to the share price of N107, the PE ratio of TOTAL Nigeria Plc stands at 15x with earnings yield of 6.67%.

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