Seplat Petroleum has released its results for the nine months ended September 30, 2018. Here are key highlights of the results.
Revenue jumped from ₦85.1 billion in 2017 to ₦173 billion in 2018. This represents a 103% increase year on year.
Profit Before Tax
Profit before tax stood at ₦65 billion in 2018 compared to a loss before tax of ₦650 million in 2017.
Profit after Tax
Profit after tax stood at ₦27.9 billion in 2018 compared to a loss of ₦1.6 billion made in 2017.
Earnings Per Share
Earnings Per Share stood at ₦47.98 in 2018 compared to a loss per share of ₦2.88 made in 2017.
Current Share Price
Seplat is currently trading at ₦644 in today’s trading session on the Nigerian Stock Exchange (NSE).