MRS shares unchanged despite positive profit forecast for Q4 2020

…as stock price unchanged

Oluwafadekemi Areo Sep 10, 2020

Shares of MRS Oil Nigeria plc remained unchanged after the downstream oil firm projected a profit after tax of N775 million in the last quarter of 2020, a 234 percent jump from the N575 million loss earned in Q4 2019. MRS’ share price remained unchanged at N12.45 on Wednesday, where it has been for over…

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