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.

Leave a Reply

Your email address will not be published. Required fields are marked *