LAGOS, – Fuel Marketer Mobil Nigeria said on Thursday its first quarter pretax profit fell by 56.5 percent to 2.06 billion naira ($10 million) compared with the same period a year ago.
Revenue also fell to 16.49 billion naira in the period to end-March against 22.41 billion naira, it said in a statement.
Mobil Nigeria also said its first quarter earnings in 2014 were boosted by an asset sale worth 2.85 billion naira, an amount that was absent this year.
($1 = 198.0000 naira) (Reporting by Oludare Mayowa; Editing by James Macharia)
*(Reuters)*