Eternal Oil beats Q1 2025 forecast with N1.4bn pre-tax profit amid zero FX loss

Eternal Oil Plc exceeded its Q1 2025 profit forecast, reporting a pre-tax profit of N1.4 billion, significantly higher than its projected N756 million. The impressive result was largely driven by the absence of foreign exchange losses, a major turnaround from the N10.688 billion FX loss recorded in Q1 2024. This improvement underscores the positive impact [...]The post Eternal Oil beats Q1 2025 forecast with N1.4bn pre-tax profit amid zero FX loss appeared first on Nigerian NewsDirect.

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