The third quarter financial report of Secure Electronic Technology plc for the period ended September 30th 2020 reveals that the group topline figures dipped marginally by 2.15% closing at N3.110 billion from the previous close of N3.178 billion in 2019.

The Company’s loss After Tax improved by 72.70% to settle at a loss of N16.814 million from the previous loss of N61.586 million.

For the period under review, the EPS of the Company grew by 72.70% 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

-66.99x with about -1.49 % earnings yield.