Nigeria's Oando says H1 pretax profit down 40.9 pct

Fri Aug 16, 2013 6:07am EDT
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LAGOS Aug 16 (Reuters) - Nigerian energy firm Oando Plc said on Friday that its half year pretax profit for 2013 fell to 6.15 billion naira, down 40.9 percent from the same period a year ago.

The oil marketing and exploration company also said turnover declined to 280.3 billion naira during the six months to June 30, from 350.6 billion naira last year.