GSPECPLC Declares N196m PAT in Q4 2020 Unaudited Results, (SP:N4.19k)

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Thursday, February 11, 2021 / 9:23 PM / By NSE / Header Image Credit: Global Spectrum Energy Service 


Global Spectrum Energy Services Plc released its Q4 2020 Unaudited results for the period ended December 31st, 2020.


Key Highlights

  • Revenue declined by -9% to N2.2bn from N2.5bn in the previous quarter.

  • Profit before tax grew by 104% to N230m.

  • Profit after tax grew by 160% to N196m.

  • Net Assets grew by 3.8% from N4.7bn to N4.9bn.


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