MRS Oil Forecasts N3.95 Billion Profit for Q3
MRS Oil Plc has forecasted a N3.95 billion profit after tax expenses for the third quarter of 2025, according to its regulatory filing in the Nigerian Exchange (NGX) on Tuesday.
The company estimated ₦393.58 billion as revenue for the period with a cost of sales that is expected to settle at ₦378.93 billion. In the earnings forecast, MRS Oil anticipates achieving ₦14.65 billion in gross profit. The company expects spending on distribution, Admin. & other expenses to reach ₦8.91 billion.
In the third quarter, operating profit is expected to settle at ₦6 billion. Other income is estimated to be at ₦261.67 million, offset by ₦58.61 million in finance costs.
MRS Oil forecasted Q3 profit to rest at ₦5.90 billion, offset by ₦1.95 billion in tax expenses for the period. For Q3, MRS Oil eyes ₦3.95 billion in net income. If the result is achieved, earnings per share will reach ₦11.53 in Q3.
The company forecasted operating cash flow before working capital change of ₦3.37 billion and noted that net cash generated from operating activities would be ₦4.03 billion. #MRS Oil Forecasts N3.95 Billion Profit for Q3 Unilever Nigeria Hits 52-Week High, Approaches New Target Price
