Conoil Plc Increases Staff Number According to BAC Company Report

20 Sep 2012 • by Natalie Aster

LONDON – In 2012 Conoil Plc decided to hire a high professional that would conduct strategic analysis and development of company’s IT department. The company has been seeking an expert that would design, develop, operate, and analyze all company’s IT-related activities. The expert would cooperate with managers from other departments and would be accountable to the Managing Director. This new employee would bring world best IT practices to Conoil operations.

According to the report covering the first half of 2012, Conoil was able to fix its poor result of December 2011. Revenue amounted NGN 76.2 B, gross profit equaled NGN 7.7 B, operating income almost touched NGN 2 B, net income comprised NGN 451 M. For the year 2011 in total the result looked also good: revenue and gross profit of NGN 157.5 B and NGN 15 B, respectively, operating and net income of NGN 5.7 B and NGN 2.9 B, respectively.

Founded in 1927 and headquartered in Lagos (Nigeria), Conoil Plc engages in refining and distribution of oil and gas, as well as manufacture of lubricants and operation of convenient stores at the gas stations. In 1989 Conoil registered at Lagos Stock Exchange under the ticker CONOIL.

Further details on the company’s current business position, competitors, financial statements can be found in the report “Conoil Plc Fundamental Company Report Including Financial, SWOT, Competitors and Industry Analysis” recently published by Market Publishers Ltd.

Report Details:

Title: Conoil Plc Fundamental Company Report Including Financial, SWOT, Competitors and Industry Analysis
Date: Sep, 2012
Pages: 79

More company reports featuring SWOT and financial information, industry and competitors analysis can be found in Company Reports Catalog.

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