Seplat Energy Plc reports Q3 earnings of N168.09 million in third quarter 2021

Seplat Energy Plc released its unaudited financial results for the third quarter of the year ended 30th of September 2021.

  • Revenue during the period was N62.23 billion. (+12.10% YoY)
  • Cost of sales for the period was N38.79 billion (+5.55%)
  • Gross profit stood at N23.45 billion. (+24.92% YoY)
  • Operating profit for the period was N19.91 billion. (+81.55% YoY)
  • Profit before tax of N14.40 million was recorded during the period.
  • Loss for the period stood at N222 million (-105.41%)
  • Total assets during the period stood at N1.42 trillion. (+111.17bn YoY)
  • Earnings per share of N13.91 Vs N7.07 YoY.

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