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Tullow Oil records profit after tax of $ 96 m in half year


Tullow Oil records profit after tax of $ 96 m in half year

September 20, 2021 at 8:30 AM

Tullow Oil, a multinational oil and gas exploration company, recorded a profit after tax of $96 million in the first half of this year.The feat is deemed an indication of strong performance as the company posted a loss of $1.3 billion in the same period last year.This was contained in the Tullow’s 2021 Half Year results for the six months ended June 30, which was published Wednesday.Per the results, the company recorded a gross profit of $321 million as against $164 million last year.

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