SEPLAT Declares N37.8bn Loss in Q2 2020 Results, (SP:N282.00k)

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Wednesday, July 29, 2020 / 12: 21 PM / By NSE / Header Image Credit: Seplat Petroleum


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Seplat Petroleum Development Company Plc released its Q2 2020 Unaudited results for the period ended June 30th, 2020.


Key Highlights

  • Revenue declined by -26.5% to N80bn from N109bn in the previous quarter.

  • Loss before tax stood at N49.8bn.

  • Loss after tax stood at N37.8bn.

  • Net Assets grew by 8.8% from N554bn to N603bn.

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