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OIL AND GAS
Oando posts N32bn pre-tax loss as finance costs surge
The Punch
Aug 7, 2026 · 02:13 WAT
Oando reported a N32bn pre-tax loss for H1 2026 despite revenue growth. The company attributed the weaker earnings outcome to increased finance costs and debt-servicing obligations, providing market-relevant information for investors tracking its financial performance.