Total Energies reports N8.8bn profit in Half Year 2023

Total Energies Marketing Nigeria Plc recently published its Second Quarter report for the period ended 30 June 2023.

The Oil marketing firm reported a turnover of N274.6 billion for the 6 months period, up by 31.38% from N209 billion reported the previous year.

Profit after tax grew marginally by 3.03% to N8.787 billion from N8.529 billion reported the previous year.

Earnings per share of Total Energies stands at N25.88.

At the share price of N385, the P/E ratio of Total Energies Plc stands at 14.88x with earnings yield of N6.72%.

Source: Total Energies reports N8.8bn profit in Half Year 2023 – StocksWatch (stocksng.com)

Related Posts

02

Sep
Business & Economy

SEC launches redesigned website

The Securities and Exchange Commission (SEC) has officially launched its newly redesigned official website, making a significant approach toward enhancing digital engagement, regulatory transparency, and investor protection. The regulator, in a statement on Monday, said the upgrade introduces a modern design, enhanced functionality, and a streamlined user experience aimed at investors, market operators, and the general public. According to […]

01

Sep
Business & Economy

Nigerian Stock Market Extends Losing Streak

The Nigerian stock market closed lower last week, extending its bearish run as profit-taking hit 57 stocks. The All-Share Index (ASI) fell by 0.50%, settling at 140,295.49 points compared to 141,004.14 points in the prior week. Similarly, market capitalization declined by 0.49%, closing at ₦88.769 trillion from ₦89.209 trillion, representing a loss of about ₦440 billion. On[…]