Secure Electronic Technology Plc records a 121% surge in Profit after tax in Q1 2021.

Secure Electronic Technology Plc released its unaudited results for the first quarter of the year (Q1, 2021).

Net income for the period was N58.35 million. (+29.1% YoY).
Administrative expenses totalled N56.55 million. (+8.8% YoY)
Operating profit was N1.8million. (+126.6% YoY)
Profit after tax was N1.57 million. (+121.4% YoY)
Earnings per share of 3 kobo. (+123.1% YoY)

See link to results.