MRS Oil Nigeria Plc forecasts a 35 percent increase in third-quarter profit as the fuel marketer expects stronger revenue and lower finance costs to offset rising operating expenses.
The Lagos-based company projects net income of N3.95 billion for the three months through September 2025, compared with N2.93 billion a quarter earlier, according to a financial outlook seen by BusinessDay and available at the Nigerian Stock Exchange.
Revenue is expected to surge 46 percent quarter-on-quarter to N393
MRS Oil Nigeria Plc forecasts a 35 percent increase in third-quarter profit as the fuel marketer expects stronger revenue and lower finance costs to offset rising operating expenses.
The Lagos-based company projects net income of N3.95 billion for the three months through September 2025, compared with N2.93 billion a quarter earlier, according to a financial outlook seen by BusinessDay and available at the Nigerian Stock Exchange.
Revenue is expected to surge 46 percent quarter-on-quarter to N393
