MRS Oil Nigeria PLC operates in the Petroleum products sector.
In addition to historical fundamental analyses, the complete report available to purchase compares MRS Oil Nigeria PLC with three other
miscellaneous retailers and wholesalers in Africa:
Conoil Public Limited Company
(2018
sales of 122.21 billion Naira [US$398.41 million]
of which 95%
was White Products),
11 PLC
(164.61 billion Naira [US$536.63 million]
of which 100%
was Petroleum Products Marketing), and
Forte Oil PLC
(134.70 billion Naira [US$439.14 million]
of which 91%
was Fuels).
Sales Analysis.
MRS Oil Nigeria PLC reported sales of 89.55 billion Naira (US$291.94 million)
for the
year ending
December of 2018.
This
represents
a
decrease of 16.4%
versus 2017, when the company's sales were 107.09 billion Naira.
The sales level in 2018 was fairly close to the level five years ago: in 2013, MRS Oil Nigeria PLC had sales
of 87.79 billion Naira.
Contributing to the drop in overall sales was the 30.9% decline
in Aviation, from 9.39 billion Naira to 6.49 billion Naira.
There were also decreases in sales in
Retail/c&i (down 14.9% to 79.57 billion Naira)
and
Lubes (down 16.9% to 3.50 billion Naira)
.