"SEPLAT recorded total revenues of $880.2 million for the year ended 31 December 2013, representing growth of 41 percent over the 2012 figure.
Profit for the year increased by 404 percent or $441.2 million to $550.3 million, representing earnings per share of $1.38.
ABC Orjiako declared The future of our company is very bright.
The company has recommended a dividend pay-out of N16 per ordinary share for the year ending 31 December 2013 and projections are that shareholders would smile home with at least N16 per ordinary share in the coming year."
Seplat | Annual Report & Financial Statments
Hmmmm, with this kind of tantalising info, it makes one wonder if it's really a smart move focusing on a certain other Nigerian company in the upstream oil and gas sector by some fellow SMNites these past few months especially given the uncertainties that seem to trail the (non)conclusion of its long-winding acquisition plans.
But then, what do I know?