Seplat H1 revenue more than quadruples to N2.167trn, declares US4.6 cents dividend

Share

Seplat Energy Plc has announced its unaudited results for the six months (H1) ended 30 2025, recording a revenue of N2.167 trillion for the period from N575.1 billion reported same period last year. Its gross profit soared to N751.2 billion from N247.5 billion Year-on-Year (YoY).


Cash generated from its operations for the period grew to N1.188 trillion from N308.2 billion Year-on-Year whilst operating profit rose to N601.2 billion from N285.2 billion Year-on-Year.


The energy company delivered strong production which firmly underpins FY2025 guidance; with earnings before interest, taxes, depreciation, and amortisation (EBITDA) for half-year hitting N1.139 trillion for the period, representing a rise from N364.5 billion recorded in 2024 H1.

Read more

Local News