Nigerian Petroleum Products retailer MRS Oil H1 pretax profit up 53%

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Nigerian Petroleum Products retailer MRS Oil H1 pretax profit up 53%

Post  nex on Sat Jul 31, 2010 7:50 am

LAGOS July 30 (Reuters) - Nigerian fuel retailer MRS Oil (CHEVRON.LG: Quote) said on Friday its half year pre-tax profit increased 53 percent to 1.58 billion naira ($11 million), according to a filing with the Nigerian Stock Exchange.

Turnover at MRS, formally operating under the name Chevron Nigeria Plc, rose 24 percent to 40.5 billion naira in the same period from a year earlier.
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