RAK Unity Petroleum PLC announced earnings results for the fourth quarter ended December 31, 2019. For the fourth quarter, the company announced sales was NGN 844.607 million compared to NGN 2,511.555 million a year ago. Operating income was NGN 34.189 million compared to NGN 41.072 million a year ago. Net income was NGN 23.248 million compared to NGN 26.924 million a year ago. Basic earnings per share was NGN 0.41 compared to NGN 0.48 a year ago. For the full year, sales was NGN 4,419.250 million compared to NGN 9,569.688 million a year ago. Operating loss was NGN 21.777 million compared to operating Income of NGN 44.673 million a year ago. Net loss was NGN 14.522 million compared to net income of NGN 29.614 million a year ago. Basic loss per share was NGN 0.26 compared to basic earnings per share of NGN 0.52 a year ago.