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Nairametrics
Home Markets Equities Company Results

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

Chidi Emenike by Chidi Emenike
April 21, 2021
in Company Results, Markets
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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.


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Tags: Company Financial ResultsSecure Electronic Technology Plc
Chidi Emenike

Chidi Emenike

Chidi Emenike is a graduate of economics, a Young African Leadership Initiative Fellow and an Investment Foundations certificate holder. He worked as a graduate Teaching Assistant in the Federal College of Education Kano and is also a trained National Peer Group Educator on Financial Inclusion

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