The Second quarter financial report of Secure Electronic Technology plc for the period ended June 30th 2020 reveals that the group topline figures dipped marginally by 3.69% closing at N2.038 billion from the previous close of N2.116 billion in 2019.
The Company’s loss After Tax improved by 93.53% to settle at a loss of N2.574 million from the previous loss of N39.814 million.
For the period under review, the EPS of the Company grew by 94% from a deficit of N0.01 previously reported in the preceding period of 2019.
At a stock price of N0.20, the company’s price to earnings ratio settles at
-437.57x with about -0.23% earnings yield.