BRIEF: MRS Oil Nigeria Q1 profit slightly falls to N572.3 million

BRIEF: MRS Oil Nigeria Q1 profit slightly falls to N572.3 million

MRS Oil Nigeria Plc said its profit before tax for the first quarter of the year fell to N572.3 million.

The result showed a fall in its bottom-line compared to 2017 when it reported a pretax profit was N645.2 million.

Total revenue for the oil marketer came in smaller at N33.55 billion compared to N37.58 billion reported last year.