End-of-day quote
Nigerian S.E.
03:30:00 28/06/2024 am IST
5-day change
1st Jan Change
388.9
NGN
-.--%
-.--%
+1.01%
TOTALENERGIES MARKETING NIGERIA : EARNINGFORCAST
March 08, 2024 at 05:36 pm IST
TotalEnergies Marketing Nigeria Plc
FORECAST OF STATEMENT OF PROFIT OR LOSS
AND OTHER COMPREHENSIVE INCOME
FOR THE QUARTER ENDING JUNE 2024
Apr to Jun
N'000
Revenue
197,469,600
Cost of sales
(170,616,171)
Gross profit
26,853,429
Other Income
993,292
Selling and distribution costs
(3,226,022)
Administrative expenses
(14,150,553)
Operating Profit
10,470,145
Finance income
26,112
Finance costs
(4,077,188)
Net Finance (Cost)/Income
(4,051,076)
Profit before taxation
6,419,070
Income tax expense
(2,182,484)
Profit for the period
4,236,586
Seye Samba - Executive Director
FRC/2021/003/00000024858
TotalEnergies Marketing Nigeria Plc
FORECAST OF STATEMENT OF CASHFLOWS
FOR THE QUARTER ENDING JUNE 2024
Apr to Jun
N'000
Cash flows from operating activities
Cash receipts from customers
177,722,640
Cash paid to suppliers and employees
(153,554,554)
Cash generated from operations
24,168,086
Income taxes paid
(1,400,000)
Net cash provided by operating activities
22,768,086
Cash flows from investing activities
Purchase of fixed assets
(2,315,013)
Interest on loans and receivables
26,112
Proceeds from sale of Property, Plant and Equipments
109,078
Net cash provided by investing activities
(2,179,823)
Cash flows from financing activities
Interest paid on overdrafts
(4,077,188)
Borrowings Repaid
(41,250,000)
Dividends paid
-
Net cash provided by financing activities
(45,327,188)
Net (decrease)/increase in cash and cash equivalents
(24,738,924)
Cash and cash equivalents at 31st March
(39,808,182)
Cash and cash equivalents at 30th June
(64,547,106)
Operating cash flow before working capital change
9,007,092
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Disclaimer
Total Nigeria plc published this content on
08 March 2024 and is solely responsible for the information contained therein. Distributed by
Public , unedited and unaltered, on
08 March 2024 12:05:02 UTC .
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TotalEnergies Marketing Nigeria Plc Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
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27/23/27
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TotalEnergies Marketing Nigeria Plc Reports Earnings Results for the First Quarter Ended March 31, 2023
28/23/28
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TotalEnergies Marketing Nigeria Plc Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2022
30/23/30
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TotalEnergies Marketing Nigeria Plc Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
27/22/27
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TotalEnergies Marketing Nigeria Plc Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
28/22/28
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TotalEnergies Marketing Nigeria Plc Reports Earnings Results for the First Quarter Ended March 31, 2022
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TotalEnergies Marketing Nigeria Plc Reports Earnings Results for the Full Year Ended December 31, 2021
28/22/28
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TotalEnergies Marketing Nigeria Plc Reports Earnings Results for the Fourth Quarter Ended December 31, 2021
28/22/28
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TotalEnergies Marketing Nigeria Plc Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
29/21/29
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Total Nigeria plc Reports Earnings Results for the Second Quarter Ended June 30, 2021
22/21/22
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Total Nigeria plc Reports Earnings Results for the First Quarter Ended March 31, 2021
29/21/29
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28/21/28
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17/20/17
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Total Nigeria plc Reports Earnings Results for the Third Quarter Ended September 30, 2020
28/20/28
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Total Nigeria plc Reports Earnings Results for the Second Quarter Ended June 30, 2020
24/20/24
CI
Total Nigeria plc Reports Earnings Results for the First Quarter Ended March 31, 2020
15/20/15
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Total Nigeria plc Reports Earnings Results for the Third Quarter Ended September 30, 2019
23/19/23
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Total Nigeria plc Reports Earnings Results for the Second Quarter Ended June 30, 2019
26/19/26
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Total Nigeria plc Reports Earnings Results for the First Quarter Ended March 31, 2019
29/19/29
CI
Duration Auto. 2 months 3 months 6 months 9 months 1 year 2 years 5 years 10 years Max.
Period Day Week
More charts
TotalEnergies Marketing Nigeria Plc (formerly Total Nigeria Plc) specializes in distributing oil products. Net sales break down by family of products as follows:
- white oil products (76.7%): primarily gas, fuel and bitumen;
- lubricants (23.3%). The group also provides car care products and insecticides.
At the end of 2020, the group operates a network of over 560 service stations located in Nigeria.
More about the company
Last Close Price
388.9
NGN
Average target price
406.6
NGN
Spread / Average Target
+4.56%
Consensus
1st Jan change
Capi.
+1.01% 87.26M -16.23% 5.23B -10.62% 4.07B -20.15% 3.67B -9.31% 3.34B +23.40% 3.23B +16.71% 2.93B +9.83% 1.96B +7.85% 1.55B +13.26% 1.55B
Petroleum Product Wholesale
+951% of historical performance
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