Secure Electronic Technology Plc reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was NGN 879.25 million compared to NGN 1,080.6 million a year ago. Net loss was NGN 20.09 million compared to net income of NGN 11.26 million a year ago. Basic loss per share from continuing operations was NGN 0.0036 compared to basic earnings per share from continuing operations of NGN 0.002 a year ago.
For the nine months, sales was NGN 2,534.13 million compared to NGN 3,217.06 million a year ago. Net loss was NGN 23.2 million compared to net income of NGN 15.37 million a year ago. Basic loss per share from continuing operations was NGN 0.0041 compared to basic earnings per share from continuing operations of NGN 0.0027 a year ago.