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Topic: Seplat returns to profit, proposes no dividend  (Read 1475 times)

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Seplat returns to profit, proposes no dividend
« on: March 01, 2018, 01:01:12 AM »
Seplat returns to profit, proposes no dividend

‘Femi Asu Seplat Petroleum Development Company Plc, an indigenous oil and gas company, has returned to profitability after making a loss before tax of $173m in 2016 on the back of production disruption and fall in global oil prices. The firm, which announced its full-year 2017 financial results on Wednesday, said higher oil production, following […]
Source: Seplat returns to profit, proposes no dividend

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