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half year financials

Capital Oil reduces H1 2016 losses by 89%

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Capital Oil Plc has announced a loss after tax of N6.5 million for half year (H1) ended June 30th 2016. Recovering from last year’s sudden sharp decline in prices of petroleum products that hit the global oil and gas industry, the company reported an 89 percent reduction in its losses after tax from N57.4 million […]

Nascon Allied achieves 23.4% growth in half year profit

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  Nascon Allied Industries Plc has posted a Profit After Tax (PAT) of N1.3 billion, representing a 23.4 percent growth from N1.0 billion posted as PAT one year ago. The company’s financial statement for half year ended 30th June 2016 showed that profit was buoyed by a 30 percent increase in revenue to N8.6 billion […]