[CONOIL]>> COMPANY REPORT (Source: CONOIL, Date: 31-Jul-2019)
TATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME
FOR THE PERIOD ENDED 30 JUNE FOR CONOIL PLC
								
									
							Apr-June		Apr- June	 Jan-June		Jan-June
							2019		 	2,018 		 2019		 	  2,018 
							 N?00 			 N?00 	 	 N?00 		 	  N?00 
Revenue			 				36,581,537 		 23,162,753 	 72,219,024 		  54,481,293 
Cost of sales			 		       (32,848,648)		(19,832,167)	  (65,526,466)		 (48,090,099)

Gross profit			 			3,732,889 		  3,330,587 	  6,692,558 		   6,391,194 
								
Other operating income			 		   30,900 		     18,065 	     61,800 		      114,489 
Other gains or losses			 		  -   		     	    14,127 	        -                      14,127 
Distribution expenses			 		 (578,129)		   (650,848)	  (1,027,595)		    (1,301,637)
Administrative expenses			 		(1,480,829)		 (1,660,971)	  (3,037,206)		    (3,330,484)
Finance cost			 			(664,364)		   (551,909)	  (1,170,887)		    (1,077,907)

Profit before tax			 		1,040,468 		    499,051 	  1,518,669 		       809,782 
Income tax expense			 		(332,950)		   (159,697)	  (485,974)		      (259,131)

Profit for the period			 		707,518 		    339,355 	   1,032,695 		 	550,651 
								
Other comprehensive income for the period net taxes	 -   		 		-   	    -   		 		-   
								
Total comprehensive income			 	707,518 		    339,355 	   1,032,695 		 	550,651 
								
								
Earnings per share								
								
Basic earnings per share (kobo)			 	 102 				 49 	     149 			    79 
Diluted earnings per share (kobo)			 102 				 49 	     149 		            79 
Proposed dividend per share(kobo)			 -   		 		  -   	      -   		            -