In a statement released on Monday by L. Baxter-Green, the
company’s executive director, the firm projected N84.855bn in revenue between
April and June 2023 and a cost of sales of N70.689bn.
The director added that the company expects a gross profit
of N14.165bn during this period.
Total Energies predicted cash and cash equivalents of
N17.726bn as of June 30, 2023, expected N29.305bn at the end of the first
quarter.
The company also predicted N 82.309bn as cash receipts from
customers in the quarter.
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