Corporate News

Premier Oil FY Profit Climbs - Quick Facts

Premier Oil Plc (PMOIY.PK, PMO.L), a UK-based exploration and production company, reported significantly higher pre-tax profit of $359.9 million, compared with $141.5 million last year, with profit after tax rising to $252.0 million, from $171.2 million in 2011.

Earnings per share amounted to 46.9 cents this year, up from 31.5 cents in the prior year.

Sales revenues climbed to $1.41 billion in 2012, from $826.8 million a year before.

by RTTNews Staff Writer

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