Seplat Petroleum Development Company has released its results for the period ended June 2018. Here is a highlight of the results
Revenue increased from N40 billion in 2017 to N104 billion in 2018. This represents an increase of 160% year to year.
Profit Before Tax
The company made a profit before tax of N37 billion in 2018 as against a loss of N8 billion in the comparative period of 2017.
Profit After tax
Seplat made a Profit Ater Tax of N14.8 billion in 2018 as against a loss after tax of N8.4 billion in 2017.
Current Share Price
Seplat closed at N625 in Friday’s trading session on the Nigerian Stock Exchange (NSE).