MRS Oil (CHEVRON.LG)

MRS Oil (CHEVRON.LG)

Nigerian fuel retailer MRS Oil (CHEVRON.LG) is expecting pre-tax profit to reach 2.45 billion naira ($16 million) in 2010, an increase of 42 percent from the previous year. MRS, formally operating under the name Chevron Nigeria Plc, forecast turnover to grow to 130.03 billion naira compared to 74.6 billion achieved in the same period last year, it said in a filing with the Nigerian Stock Exchange.

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