SEPLAT Declares N85bn PAT in 2019 Audited Results,(SP:N544.50k)


Tuesday, April 14, 2020 / 11:13 AM / NSE / Header Image Credit: Seplat Petroleum 

Seplat Petroleum Development Company  Plc released its 2019 Audited results for the period ended December 31st, 2019.

Key Highlights

  • Revenue declined by -6.2% to N214bn from N228bn in the previous quarter.

  • Profit before tax grew by 11.6% to N89.9bn.

  • Profit after tax grew by 89.5% to N85bn.

  • Net Assets grew by 12.7% to N554bn from N491bn.

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