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)

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