Nigeria's Oando 9-mo pre-tax profit up 27 pct

LAGOS | Mon Nov 23, 2009 11:15am EST

LAGOS Nov 23 (Reuters) - Nigerian energy firm Oando Plc UNIP.LG said on Monday its pre-tax profit had risen 27 percent to 9.23 billion naira ($62 million) in the nine months to the end of September.

The company, which recently expanded its upstream operations, said gross earnings in the period also jumped 7 percent to 342.8 billion naira from 319.6 billion in the previous year. (Reporting by Chijioke Ohuocha and Oludare Mayowa; Editing by Nick Tattersall)
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