Seplat Energy Plc has published its financial report for the fiscal year ended 31 December 2024, revealing a pre-tax profit of N561.4 billion.
This represents a 347.21% increase from the N125.5 billion reported in the previous year, amid growth in the company’s overall revenue.
For FY 2024, Seplat’s total revenue reached N1.6 trillion, a significant rise from N696.8 billion the prior year, with crude oil sales constituting 88% of this revenue and gas sales following as the next largest contributor.