GSPECPLC Declares N173m PAT in Q4 2019 Unaudited Results,(SP:N4.65k)

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Monday, February 03, 2020 / 06:15PM  /  By  NSE / Header Image Credit: Global Spectrum Energy Services Plc 


Global Spectrum Energy Services Plc released its Q4 Unaudited 2019 results for the period ended December 31st, 2019.


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 Key Highlights

Revenue grew by 30.9% to N2.5bn from N1.9bn in the previous quarter.

Profit before tax declined by 60.1% to N238m.

Profit after tax declined by 68.4% to N173m.

Net Assets also grew by 2.9% to N4.8bn from N4.7bn.

 

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