Culled—Proshare February 28, 2018/ARM Research  Earnings braced by Tax Credit Seplat Petroleum Development Company Plc. (SEPLAT) reported its full-year 2017 result this morning. In contrast to prior year masked by losses, the company returned to profitability, with a robust cash flow position. Much of this recovery reflected the lifting of […]

Culled—Proshare February 28, 2018/FBNQuest Research    Event: Seplat Petroleum Development Company reports Q4 2017 results Implications: Upward revisions to consensus 2018 PBT forecast likely Positives: Strong recovery in profitability. Q4 sales up 318% y/y to US$174m while Q4 PBT of US$46m compares with a loss before tax of -US$85m in […]

February 28, 2018/Cowry Asset Kindly Click here to download the FY 2017 Financial Result Update of Seplat Plc