MRS 2013 profit more than triples

Daily Trust - - BUSINESS NEWS -

Nige­rian fuel mar­keter MRS said on Tues­day its 2013 full year pre-tax more than tripled to 1.41 bil­lion naira ($8.55 mil­lion) from 378.75 mil­lion in the pre­vi­ous year.

The gaso­line mar­keter has pro­posed a 0.75 naira div­i­dend from profit payable on Aug. 8.

Rev­enue in­creased by 10.11 per­cent to 87.78 bil­lion naira from 79.72 bil­lion a year ear­lier, it said in a fil­ing with the Nige­rian Stock Ex­change

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