SEPLAT Declares N33.7bn Loss in Q3 2020 Results, Proposes $0.05 Interim Dividend; (SP:N420.00k)

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Friday, October 30, 2020 / 12:03 AM / by NSE / Header Image Credit: Seplat Petroleum



Seplat Petroleum Development Company Plc released its Q3 2020 Unaudited results for the period ended September 30th, 2020.



Key Highlights

  • Revenue declined by -10.7% to N136bn from N152bn in the previous quarter.

  • Loss before tax stood at N45.5bn.

  • Loss after tax stood at N33.7bn.

  • Net Assets grew by 15.5% from N554bn to N640bn.


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