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Nairametrics
Home Markets Equities Company Results

Seplat falls into a loss in FY 2020

Blurb Team @Nairametrics by Blurb Team @Nairametrics
March 5, 2021
in Company Results, Markets
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SWOOT market cap hits N142.79 trillion, 91.71% of NGX as of April 2026 

May 4, 2026
Rights Issue: Sovereign Trust Insurance Plc lists 2.864 billion ordinary shares on NGX

Sovereign Trust Insurance opens N5.02 billion Rights Issue at N2.00 per share

May 4, 2026

Seplat Petroleum Development Company Plc released its full-year 2020 results.

  • Revenue for the period was N190.92 billion. (-10.85% YoY)
  • Operating expenses during the year was N79.34 billion. (+116.82% YoY)
  • The company reported a loss after tax of N30.71 billion. 
  • It reported a loss per share of N46.42 in the 2020 full year.
  • The Board recommended a final dividend of N19 per share.
  • The company share price is trading at 539.9 ( 34.20% YTD).

See link to results.

Blurb Team @Nairametrics

Blurb Team @Nairametrics

The "Blurb Team" is the official conveyer of the opinions of the Nairametrics Research & Analysis Board on matters of financial reports, macroeconomic data, and economic policies.

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