Conoil Plc announced earnings results for the fourth quarter ended December 31, 2019. For the fourth quarter, the company announced sales was NGN 27,035.595 million compared to NGN 46,374.880 million a year ago. Net income was NGN 317.577 million compared to NGN 534.012 million a year ago. Basic earnings per share was NGN 0.46 compared to NGN 0.77 a year ago. For the full year, sales was NGN 139,758.398 million compared to NGN 122,213.014 million a year ago. Net income was NGN 1,985.802 million compared to NGN 1,796.043 million a year ago. Basic earnings per share was NGN 2.86 compared to NGN 2.59 a year ago.