Banking Business Capital Market Energy Featured Finance Gas Oil Petrochemicals

TotalEnergies forecasts N3.5bn PAT for Q2

TotalEnergies forecasts N3.5bn PAT for Q2

Total Energies Marketing Plc has projected a revenue of N3,578bn for the second quarter of 2023.

This was revealed in a notice issued on the website of the Nigerian Exchange Limited on Monday by its Executive Director, Mrs L. Baxter-Green,

The oil marketing firm projected N84.855bn in revenue between April and June 2023 and a cost of sales of N70.689bn.

TotalEnergies predicted Cash and cash equivalents of N17.726bn as of June 30, 2023, expected N29.305bn at the end of the first quarter.

The company also predicted N 82.309bn as cash receipts from customers in the quarter.

Related posts

Senate passes bill to amend CBN Act for 2nd reading

Our Reporter

President Buhari mourns death of his teacher, Sanda Kaita

Editor

New petrol pump price: Oil marketers seek intervention fund to support business

Abisola THOMPSON

Revised Travel Protocol: NCAA to slam defaulting airline $3500 per passenger

Our Reporter

8 ships with petrol, other commodities arrive Lagos ports

By Meletus EZE

BOI provides financial assistance worth N678bn to 2m enterprises in 4 years

By Shile GIWA