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  • Forte Oil narrows Q1 pretax loss to N59.19m
 

Forte Oil narrows Q1 pretax loss to N59.19m

Forte Oil narrows Q1 pretax loss to N59.19m

by magna / Saturday, 18 April 2015 / Published in Capital Market News

Energy firm Forte Oil said on Thursday it had narrowed its first quarter pretax loss to N59.19 million ($297,437) from N167.28 million in the same period last year. Forte Oil did not give a reason for the improvement in its pretax loss but said in a statement that revenue fell 33.06 billion naira from 34.78…

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Source : BusinessDay

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