SEPLAT Declares N34.6bn Loss in Q1 2020 Results,(SP:N494.40k)


Wednesday, April 29, 2020 / 1:07 PM / NSE / Header Image Credit: Seplat Petroleum 

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Seplat Petroleum Development Company Plc released its Q1 2020 Unaudited results for the period ended March 31st, 2020.

Key Highlights

  • Revenue declined by -13.3% to N42.4bn from N48.9bn in the previous quarter.

  • Loss before tax stood at N31bn.

  • Loss after tax stood at N34.6bn.

  • Net Assets grew by 10.8% to N614bn from N554bn.

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