Conoil Plc announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was NGN 19,311.995 million compared to NGN 36,581.537 million a year ago. Net income was NGN 78.316 million compared to NGN 707.518 million a year ago. Basic earnings per share was NGN 0.11 compared to NGN 1.02 a year ago. For the half year, sales was NGN 57,455.721 million compared to NGN 72,219.024 million a year ago. Net income was NGN 338.697 million compared to NGN 1,032.695 million a year ago. Basic earnings per share was NGN 0.49 compared to NGN 1.49 a year ago.