Global Spectrum Energy Services Plc released its financial results for the nine months period ended 30th of September, 2021.
- Revenue for the period was N1.29 billion. (-28% YoY)
- Direct cost of N934.7 million. (-30.8% YoY)
- Administrative expenses totalled N209.6 million. (-4.6% YoY)
- An operating profit of N158.1 million was recorded. (-32.5% YoY)
- Profit before tax was N153.7 million. (-32.9% YoY)
- Total assets during the period stood at N5.64 billion.
See link to results.