Conoil says its pre-tax profit had risen 15 percent

Conoil says its pre-tax profit had risen 15 percent

Conoil says its pre-tax profit had risen 15 percent to 3.78 billion naira ($25 million) in 2009, compared to 3.28 billion naira a year ago. Turnover at the firm fell 18 percent to 101.85 billion in the same period, it said in a filing with the Nigerian Stock Exchange. Conoil is proposing a dividend of 1.50 naira per share.

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