Conoil boosts profit by 70.5% to N1.8b in H1 2022 despite revenue decline

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WorldStage Newsonline– Conoil Plc has released its second quarter 2022 unaudited financial statement with 70.5% jump in profit to N1.812 billion from N1.063 billion in H1 2021.

The profit growth was in spite of 16.8% decline in revenue to N56.248 billion from N67.638 billion in H1 2021.

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