Seplat Energy Plc grows half year profit by 137% to N14.12 billion, declares interim dividend.

Seplat Energy Plc released its unaudited financial results for the six months period ended 30th of June, 2021.

  • Revenue for the period was N120.4 billion. (+50.4% YoY)
  • Cost of sales was N85.8 billion. (+27.6% YoY)
  • An operating profit of N42.7 billion was recorded
  • General and administrative expenses totalled N14.2 billion. (-13.0% YoY)
  • Profit for the period was N14.12 billion. (+137% YoY)
  • An interim dividend of US 2.5 cents was declared.

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