Eterna Plc 2024 Interim Results For The First Quarter

Eterna Plc ( Q12024 Interim Report

By Published On: May 2, 2024TYPE: Interim ReportsYear: 2024Period: Q1Country: NigeriaSector: Energy

Eterna Plc ( listed on the Nigerian Stock Exchange under the Energy sector has released its 2024 interim results for the first quarter.

For more information about Eterna Plc ( reports, abridged reports, interim earnings results and earnings presentations visit the Eterna Plc ( company page on AfricanFinancials.

Indicative Share Trading Liquidity

The total indicative share trading liquidity for Eterna Plc ( in the past 12 months, as of 2nd April 2024, is US$11.73M (NGN9.13B). An average of US$977.79K (NGN760.56M) per month.

Eterna Plc 2024 interim results for the first quarter

Company Profile

Eterna Plc manufactures and sells a range of lubricants and petroleum products aswell as supplies imported fuels for the retail, industrial, agricultural, automotive, marine and energy sectors in Nigeria. The Trading division bulk imports and sells premium motor fuels and automotive gas oil, dual purpose kerosene, base oils, bitumen. low pour fuel oil and crude oil. The company has a technical trading relationship with Castrol BP, leaders in global lubricant technology and specialty chemicals. Through a distributorship agreement, Eterna Plc has exclusive rights to import and market Castrol products in Nigeria and the ECOWAS sub-region. The company has a lubes blending plant with a state-of-the-art laboratory that produces Castrol products as well as a coastal tank farm in Lagos with a capacity of 34 million litres; an aviation depot at Nnamdi Azikwe International Airport in Abuja; a coastal storage facility in Ikot Abasi and Akwa Ibon state and filling stations located in the major towns and cities of Nigeria. The business was established in 1991 as Eterna Oil & Gas Limited and re-registered as a public limited company in 1997. Its head office is in Lagos, Nigeria. Eterna Plc is listed on the Nigerian Stock Exchange