SEPLAT Declares N10.02bn PAT in Q1 2019 Results,(SP:N575.00k)

Tuesday, April 30, 2019 / 06:35 PM / NSE

Today, SEPLAT Plc released its unaudited first quarter results for the period ended March 31, 2019.

Key Highlights 

Revenue declined by +11.4% to N48.94bln from N55.24bln in the previous quarter.

PBT therefore declined by 66.9% to N5.96bln

PAT however increased by 59.4% to N10.02bln due to tax credit

Net Assets grew by 2.2% to N502.23bln from N491.47bln as at 31st December, 2018. 

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Graph – One Year Share Price Movement 

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