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For the nine months ended 30 September 2018, CapitalOil Plc revenues decreased from NGN429.2M to NGN0K. Netloss decreased 14% to NGN72.8M. Revenues reflect a decreasein demand for the Company's products and services due tounfavorable market conditions. Lower net loss reflectsAdministrative Expenses - Balancing decrease of 44% toNGN29.7M (expense), Selling and distribution expensesdecrease of 87% to NGN1.7M (expense).
Period Ending: | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 |
---|---|---|---|---|
Total Revenue | 0 | 0 | 0 | 42.21 |
Gross Profit | 0 | 0 | 0 | 2.02 |
Operating Income | -20.17 | -29.23 | -15.95 | -64.95 |
Net Income | -28.58 | -44.18 | -23.13 | -76.42 |
Period Ending: | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 |
---|---|---|---|---|
Total Assets | 1101.6 | 1107.7 | 1119.6 | 1130.97 |
Total Liabilities | 943.43 | 921.27 | 909.4 | 900.04 |
Total Equity | 158.17 | 186.43 | 210.2 | 230.93 |
Period Ending: | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 |
---|---|---|---|---|
Period Length: | 9 Months | 6 Months | 3 Months | 12 Months |
Cash From Operating Activities | -4.1 | -26.2 | -53.82 | -48.06 |
Cash From Investing Activities | -0.11 | -0.11 | -0.11 | -1.09 |
Cash From Financing Activities | -23.37 | -14.95 | -7.19 | -25.21 |
Net Change in Cash | -27.58 | -41.26 | -61.11 | -74.36 |
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