The Nigerian Stock Exchange X-Gen News Alert - Capital Oil Plc
Company Name: Capital Oil Plc (www.CapitalOilPlc.com)
Company Symbol: CAPOIL
[CAPOIL]>> Company Report
Capital Oil Plc
Market Summary for the Year Ended 31st December, 2016
Notes 31/12/2016 31/12/15
N N
Revenue 840,383,577 1,132,722,975
Gross Profit 108,639,271 164,015,101
Administrative Expenses 12 (434,800,037) (154,821,145)
Selling & Distribution Expenses 13 (24,994,150) (54,890,083)
Other Income 14 33,531,695 3,104,579
Loss from Operations 317,623,221 (42,591,548)
Finance Income 15 800,000 3,160,000
Finance Cost 16 (20,113,619) (16,721,840)
Loss before Tax (336,936,840) (56,153,388)
Taxation 11.1 (3,315,888) (5,698,500)
Income (Net Of Tax) (340,252,728) (61,851,888)
Profit/(Loss) after Tax (340,252,728) (61,851,888)
Earnings per Share (0.14) (0.03)
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