Oando Plc records N76.296bn profit in Q3 2024

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Energy firm, Oando Plc on Monday published its third quarter report for the period ended 30 September 2024.

The firm reported revenue of N3.19 trillion for the 9 months period, up by 35.76% from N2.35 trillion reported the previous year.

Profit after tax of N76.296 billion was reported for the 9 months period, down by 30.77% from N110.21 billion reported the previous year.

Earnings per share of Oando stands at N6.14.

At the share price of N68.90, the P/E ratio of Oando Plc stands at 11.23x with earnings yield of 8.91%

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