Secure Electronic Sheds 3.52% Turnover in 2020 Full Year Report

Secure Electronic Technology Plc shed 3.52% in Turnover, closing the year 2020 at N4.169bn from the N4.321bn filed in 2019.

The 2020 unaudited financial reports of the Company was made public, on, 26th January, 2021 which showed an improvement of 78.81% in Loss before Tax from N76.8 million recorded in the same period in 2019 to arrive at N16.3 million in the current period under review

The earnings per share of the advanced by 83% while the current period’s PE Ratio is at -69.18x and the earnings yield stands at -1.45% with a reference stock price of N0.20.

Secure Electronic Technology Plc engages in Lottery Business, Airtime Vending Revenue Collection, Card Payments and treasury/Assets Management

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