Discover how Seplat Energy Plc achieved a remarkable 45% surge in profit before tax, reaching N125.5 billion in the fiscal year ending December 2023. Uncover the key factors driving this impressive financial growth.
Profit After Tax Skyrockets: Rewarding Shareholders with Record-Breaking Dividends
Explore Seplat Energy’s substantial increase in profit after tax, soaring to N81.33 billion in 2023—a remarkable 83% rise from the previous year. Learn how the company is enhancing shareholder value with generous dividends and special payouts.
Operational Excellence and Safety Milestones
Delve into Seplat Energy’s operational achievements, including a 14.5% rise in gross profit to N349.3 billion and over 8.7 million hours without Lost Time Injury (LTI) on Seplat-operated assets in 2023. Discover how safety and efficiency are driving Seplat’s success.
Strategic Outlook and Growth Initiatives for 2024
Gain insights into Seplat Energy’s vision for 2024, encompassing production guidance, capex plans, and key growth initiatives. Explore the company’s commitment to developments such as Sibiri and Abiala on OML40, advancements in the ANOH gas project, and the anticipated acquisition of MPNU.
Source: thisdaylive.com
