Seplat's quarterly turnover up by 74% but big tax spend hurts profit - Premium Times

Profit before taxation stood at N34.7 billion, 226 per cent higher than the figure for the first three months of 2021.

Seplat Energy said its revenue for January through March galloped at the pace of 73.7 per cent compared to a year earlier even though production level was weaker, but the cash it expended on taxation… [+2520 chars]

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