WorldStage Newsonline– MRS Oil Nigeria Plc, a major oil marketing firm has released its statement of comprehensive forecast for first quarter 2021 with revenue projected at N23,624,996,644 compared with N125.396 billion forecast for Q4 2020.
The oil marketer also forecasted a loss after tax of N13,542,052 from a N775 million profit forecasted for Q4 2020.
The company also forecasted a rise in cash and cash equivalent at end of the quarter to N5,817,800,425.48 from N3,924,815,269.17 at the beginning of the period
WorldStage earlier reported MRS Oil forecast for the fourth quarter 2020 with revenue projected at N125.396 billion among others.
