[CONOIL]>> COMPANY REPORT (Source: CONOIL, Date: 11-Jul-2019)
STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME
FOR THE PERIOD ENDED 31 MARCH 2019 FOR CONOIL PLC
								
									Jan-Mar 		Jan-Mar			Audited
									2019			2018			2018
									 N?00 		 	N?00 	 		N?00 
Revenue					 				35,637,487 		31,318,539 		122,213,014 
Cost of sales					 			(32,677,818)	       (28,257,932)	       (109,442,111)
Gross profit					 			  2,959,669 		 3,060,607 	 	 12,770,902 
								
Other operating income					 		     30,900 		    96,424 	            79,012 
Other gains or losses							    -   		     -   	            34,699 
Distribution expenses							   (449,467)		   (650,790)	          (2,571,260)
Administrative expenses					 		   (1,556,377)		   (1,669,514)	          (6,238,524)
Finance cost					 			     (506,523)		     (525,998)	          (1,508,064)
Profit before tax					 		      478,202 		      310,730 	            2,566,765 
								
Income tax expense					 	 	      (153,025)	       	     (99,434)	            (770,723)
Profit for the year					 		       325,178 		      211,295 	           1,796,042 
								
Other comprehensive income for the year net taxes				-   		         -   	               -   
								
Total comprehensive income					 		325,178 	     211,295 	            1,796,042 
								
								
Earnings per share:								
								
Basic earnings per share (kobo)					 		47 		   	30 	 		259 
Diluted earnings per share (kobo)					        47 		        30 	                259 
Proposed Dividend per share(kobo)					 	-   		 	 -   	 		200