Seplat Petroleum Development Company Plc on Thursday published its First Quarter report for the period ended 31 March 2021.
The oil firm reported a turnover of N57.93 billion, up by 36.6% from N42.408 billion reported in Q1 2020.
Seplat reported a profit after tax of N9.449 billion in Q1 2021, which is a significant improvement from the loss of N34.627 billion reported in Q1 2020.
Earnings per share of Seplat improved to N16.06 from a negative EPS of N58.84 in Q1 2020.
At the share price of N570, the P.E ratio of Seplat stands at 35.50x with earnings yield of 2.82%.