In a filing on the Nigerian Stock Exchange (NSE) on Tuesday, conglomerate UAC and oil marketer Total Nigeria post a rise in their respective 2013 full year pretax profit.
In its audited resulted, Total Nigeria , a unit of France’s Total, posted a 14 percent increase in 2013 full year pre-tax profit to N8.12 billion ($49.23 million), compared with N7.09 billion in the previous year.
Total revenue also rose to N238.16 billion, from N217.84 billion.
The fuel marketer proposed a dividend of N9 per share to shareholders payable on June 16.
On its part FCMG company, UAC, said its 2013 pretax profit rose 30 percent to N14.01 billion ($84.95 million) from N10.74 billion a year earlier.
The company’s revenue also increased by 13 percent to N78.71 billion, compared with N69.63 billion in the previous year.
It proposed a dividend of N1.75 per share due for payment on June 26, it said in a filing with the Nigerian Stock Exchange.
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