Forte Oil PLC operates within the Petroleum products sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Forte Oil PLC with three other
miscellaneous retailers and wholesalers in Africa:
Total Mory Maroc SA
sales of 9.91 billion Moroccan Dirhams [US$1.05 billion]
MRS Oil Nigeria PLC
(107.09 billion Naira [US$350.18 million]
of which 87%
was Retail/C&I), and
(125.26 billion Naira [US$409.59 million]
of which 100%
was Petroleum Products Marketing).
During the year ended December of 2017, sales at
Forte Oil PLC were 129.44 billion Naira (US$423.28 million).
decrease of 12.9%
versus 2016, when the company's sales were 148.61 billion Naira.
Contributing to the drop in overall sales was the 35.2% decline
in Fuels, from 121.61 billion Naira to 78.82 billion Naira.
There were also decreases in sales in
Production Chemicals (down 26.9% to 1.90 billion Naira)
However, these declines were partially offset by the increase in sales of
Power Generation (up 182.9% to 36.61 billion Naira)
Lubricants and Greases (up 5.7% to 12.11 billion Naira)