Oando PLC has been quiet lately, Why

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Apr 5, 2020
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Oando PLC has been quiet with the recent quarter result that should have been released already. The most recent news from the company was in 2019.
Oando PLC Announces YTD September 2019 Results, Posts N13.1 Billion Profit-After-Tax
  • This was released on October 28, 2019

RESULTS HIGHLIGHTS

  • 8% Production increase, 43,045boe/day compared to 40,039boe/day (YTD September 2018)
  • 18% Turnover decrease, N413.8 billion compared to N505.1 billion (YTD September 2018)
  • 26% Profit-After-Tax increase, N13.1 billion compared to N10.4 billion (YTD September 2018)
  • 8% Total Group Borrowings decrease, N193.1 billion compared to N210.9 billion (FYE 2018)
We are quietly waiting for this year's report.
 
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