Seplat falls into a loss in FY 2020

Seplat Petroleum Development Company Plc released its full-year 2020 results.

• Revenue for the period was N190.92 billion. (-10.85% YoY)
• Operating expenses during the year was N79.34 billion. (+116.82% YoY)
• The company reported a loss after tax of N30.71 billion. 
• It reported a loss per share of N46.42 in the 2020 full year.
• The Board recommended a final dividend of N19 per share.
• The company share price is trading at 539.9 ( 34.20% YTD).

See link to results.