GSPECPLC Declares N75m PAT in 2019 Audited Results, (SP:N4.65k)

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Monday, June 01, 2020 / 12:12 PM / by NSE / Header Image Credit: Global Spectrum 


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


Key Highlights

  • Revenue grew by 31.3% to N2.5bn from N1.9bn in the previous quarter.

  • Profit before tax declined by 81.1% to N113m.

  • Profit after tax declined by 86.3% to N75m.

  • Net Assets grew by 0.7% to N4.73bn from N4.69bn.

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