Company Results Archives - Nairametrics https://nairametrics.com/category/market-news/equities/company-results/ Destination for Business news and analysis from Africa's largest economy Thu, 03 Jul 2025 15:10:57 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.1 https://nairametrics.com/wp-content/uploads/2021/08/cropped-cropped-favicon-1.png?resize=75,75 Company Results Archives - Nairametrics https://nairametrics.com/category/market-news/equities/company-results/ 32 32 201037849 Jaiz Bank reports N24.4 billion profit for full-year 2024, on strong top-line income and other operational gains  https://nairametrics.com/2025/07/03/jaiz-bank-reports-n24-4-billion-profit-for-full-year-2024-on-strong-top-line-income-and-other-operational-gains/ https://nairametrics.com/2025/07/03/jaiz-bank-reports-n24-4-billion-profit-for-full-year-2024-on-strong-top-line-income-and-other-operational-gains/#comments Thu, 03 Jul 2025 15:10:57 +0000 https://nairametrics.com/?p=518420 Jaiz Bank Plc has released its audited financial statement for the full year ended 31st December 2024, reporting a pre-tax profit of N24.4 billion. 

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]]> https://nairametrics.com/2025/07/03/jaiz-bank-reports-n24-4-billion-profit-for-full-year-2024-on-strong-top-line-income-and-other-operational-gains/feed/ 2 518420 C& I Leasing reports N487.9 million profit in Q1 2025, as lease rental income jumps 9.67%  https://nairametrics.com/2025/07/02/c-i-leasing-reports-n487-9-million-profit-in-q1-2025-as-lease-rental-income-jumps-9-67/ https://nairametrics.com/2025/07/02/c-i-leasing-reports-n487-9-million-profit-in-q1-2025-as-lease-rental-income-jumps-9-67/#respond Wed, 02 Jul 2025 09:19:00 +0000 https://nairametrics.com/?p=518318 C & I Leasing Plc has published its financial results for the first quarter ended March 2025, reporting a pre-tax profit of N487.9 million. While this reflects a decline from the N605.2 million recorded in the same period of 2024, the performance remains solid, supported by revenue growth and cost efficiencies in key areas. Overall […]

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]]> https://nairametrics.com/2025/07/02/c-i-leasing-reports-n487-9-million-profit-in-q1-2025-as-lease-rental-income-jumps-9-67/feed/ 0 518318 University Press reports 378.9% jump in yearly profit on rising school book sales and other income  https://nairametrics.com/2025/06/30/university-press-reports-378-9-jump-in-yearly-profit-on-rising-school-book-sales-and-other-income/ https://nairametrics.com/2025/06/30/university-press-reports-378-9-jump-in-yearly-profit-on-rising-school-book-sales-and-other-income/#respond Mon, 30 Jun 2025 16:09:04 +0000 https://nairametrics.com/?p=518191 University Press Plc has released its audited results for the financial year ended March 31, 2025, posting a strong rebound with a pre-tax profit of N619.7 million. This marks a 378.9% turnaround from the N222.1 million loss recorded in the previous year, driven by a solid rise in revenue and other income. Revenue grew by […]

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]]> https://nairametrics.com/2025/06/30/university-press-reports-378-9-jump-in-yearly-profit-on-rising-school-book-sales-and-other-income/feed/ 0 518191 Oando posts N113 billion Q1 PAT for 2025, on surging income tax credit  https://nairametrics.com/2025/06/25/oando-posts-n113-billion-q1-pat-for-2025-on-surging-income-tax-credit/ https://nairametrics.com/2025/06/25/oando-posts-n113-billion-q1-pat-for-2025-on-surging-income-tax-credit/#comments Wed, 25 Jun 2025 10:23:30 +0000 https://nairametrics.com/?p=517841 Oando Plc has released its financial results for the first quarter of 2025, reporting a profit after tax (PAT) of N113 billion, up 90.5% from N59.3 billion recorded in the same period of 2024. 

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]]> https://nairametrics.com/2025/06/25/oando-posts-n113-billion-q1-pat-for-2025-on-surging-income-tax-credit/feed/ 1 517841 Conoil Q1 2025: Borrowing surge collapses profit, debt now exceeds equity  https://nairametrics.com/2025/06/25/conoil-q1-2025-borrowing-surge-collapses-profit-debt-now-exceeds-equity/ https://nairametrics.com/2025/06/25/conoil-q1-2025-borrowing-surge-collapses-profit-debt-now-exceeds-equity/#comments Wed, 25 Jun 2025 06:24:35 +0000 https://nairametrics.com/?p=517826 There was no FX loss. No surge in operating costs. Yet, Conoil’s Q1 2025 pre-tax profit collapsed by 93% to just N372 million, its lowest quarterly performance since 2021.  The primary culprit appears to be the 48% jump in short-term borrowing, funded through bank overdrafts at an average interest rate of 29.75%, nearly doubling the […]

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]]> https://nairametrics.com/2025/06/25/conoil-q1-2025-borrowing-surge-collapses-profit-debt-now-exceeds-equity/feed/ 1 517826 InfraCredit reports N1.8 billion profit in the first Q1 2025, down 95% YoY  https://nairametrics.com/2025/06/20/infracredit-reports-n1-8-billion-profit-in-the-first-q1-2025-down-95-yoy/ https://nairametrics.com/2025/06/20/infracredit-reports-n1-8-billion-profit-in-the-first-q1-2025-down-95-yoy/#respond Fri, 20 Jun 2025 20:27:44 +0000 https://nairametrics.com/?p=517568 Infrastructure Credit Guarantee Company Plc (InfraCredit), an NASD-listed firm that guarantees financial instruments used for infrastructure projects, reported a pre-tax profit of N61.5 billion for the full year ended December 2024. 

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]]> https://nairametrics.com/2025/06/20/infracredit-reports-n1-8-billion-profit-in-the-first-q1-2025-down-95-yoy/feed/ 0 517568 Sterling reports N18.2 billion profit in Q1 2025 as loan income soars; declares dividend  https://nairametrics.com/2025/06/20/sterling-reports-n18-2-billion-profit-in-q1-2025-as-loan-income-soars-declares-dividend/ https://nairametrics.com/2025/06/20/sterling-reports-n18-2-billion-profit-in-q1-2025-as-loan-income-soars-declares-dividend/#respond Fri, 20 Jun 2025 20:22:48 +0000 https://nairametrics.com/?p=517567 Sterling Financial Holdings Company Plc has released its results for the first quarter ended March 31, 2025, reporting a pre-tax profit of N18.2 billion, a 125.29% increase compared to the same period last year. The result builds on the company’s full-year 2024 performance, where pre-tax profit stood at N45.8 billion, up from N22.6 billion in […]

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]]> https://nairametrics.com/2025/06/20/sterling-reports-n18-2-billion-profit-in-q1-2025-as-loan-income-soars-declares-dividend/feed/ 0 517567 Why did Legend Internet shares gain 32% in just one week?  https://nairametrics.com/2025/06/16/why-did-legend-internet-shares-gain-32-in-just-one-week/ https://nairametrics.com/2025/06/16/why-did-legend-internet-shares-gain-32-in-just-one-week/#respond Mon, 16 Jun 2025 08:57:08 +0000 https://nairametrics.com/?p=517247 Shares of Legend Internet Plc surged by 32.77% in the week ended 13th June 2025, topping NGX’s list of advancers. 

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]]> https://nairametrics.com/2025/06/16/why-did-legend-internet-shares-gain-32-in-just-one-week/feed/ 0 517247 Why ABC Transport is now making profits?  https://nairametrics.com/2025/06/10/why-abc-transport-is-now-making-profits/ https://nairametrics.com/2025/06/10/why-abc-transport-is-now-making-profits/#respond Tue, 10 Jun 2025 08:14:11 +0000 https://nairametrics.com/?p=516951 ABC Transport Plc made a strong recovery in 2024, posting a pre-tax profit of N918.4 million, compared to a loss of N368.6 million in 2023, as revenue increased across all business segments. 

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]]> https://nairametrics.com/2025/06/10/why-abc-transport-is-now-making-profits/feed/ 0 516951 Oando’s full-year profit hits N383.8 billion, on booming crude oil revenue, other income  https://nairametrics.com/2025/06/04/oandos-full-year-profit-hits-n383-8-billion-on-booming-crude-oil-revenue-other-income/ https://nairametrics.com/2025/06/04/oandos-full-year-profit-hits-n383-8-billion-on-booming-crude-oil-revenue-other-income/#respond Wed, 04 Jun 2025 17:34:04 +0000 https://nairametrics.com/?p=516699 Oando Plc has published its audited financial statements for the year ended 31 December 2024, reporting a pre-tax profit of N383.8 billion. 

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]]> https://nairametrics.com/2025/06/04/oandos-full-year-profit-hits-n383-8-billion-on-booming-crude-oil-revenue-other-income/feed/ 0 516699 Northern Nigeria Flour Mills reports 25% profit growth, on strong product sales  https://nairametrics.com/2025/06/02/northern-nigeria-flour-mills-reports-25-profit-growth-on-strong-product-sales/ https://nairametrics.com/2025/06/02/northern-nigeria-flour-mills-reports-25-profit-growth-on-strong-product-sales/#respond Mon, 02 Jun 2025 19:09:21 +0000 https://nairametrics.com/?p=516559 Northern Nigeria Flour Mills Plc has released its annual report for the financial year ended 31 March 2025, reporting a pre-tax profit of N2.8 billion. 

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]]> https://nairametrics.com/2025/06/02/northern-nigeria-flour-mills-reports-25-profit-growth-on-strong-product-sales/feed/ 0 516559 Honeywell Flour Mills reports N21.3 billion profit, as exchange losses tank  https://nairametrics.com/2025/05/31/honeywell-flour-mills-reports-n21-3-billion-profit-as-exchange-losses-tank/ https://nairametrics.com/2025/05/31/honeywell-flour-mills-reports-n21-3-billion-profit-as-exchange-losses-tank/#respond Sat, 31 May 2025 16:55:13 +0000 https://nairametrics.com/?p=516448 Honeywell Flour Mills Plc has released its results for the financial year ended 31st March 2025, recording a pre-tax profit of N21.39 billion.  

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]]> https://nairametrics.com/2025/05/31/honeywell-flour-mills-reports-n21-3-billion-profit-as-exchange-losses-tank/feed/ 0 516448 How Nigeria’s biggest banks performed in Ghana in Q1 2025  https://nairametrics.com/2025/05/29/how-nigerias-biggest-banks-performed-in-ghana-in-q1-2025/ https://nairametrics.com/2025/05/29/how-nigerias-biggest-banks-performed-in-ghana-in-q1-2025/#respond Thu, 29 May 2025 13:48:53 +0000 https://nairametrics.com/?p=516303 The Ghanaian subsidiaries of Nigeria’s largest banks, collectively known as FUGAZ (First HoldCo, UBA, GTCO, Access Bank, and Zenith Bank), reported a combined pre-tax profit of ₵1.20 billion (Ghana cedis) or N184.5 billion for the first quarter ended March 31, 2025. 

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]]> https://nairametrics.com/2025/05/29/how-nigerias-biggest-banks-performed-in-ghana-in-q1-2025/feed/ 0 516303 Linkage Assurance Plc reports 7.8% profit growth in Q1 as oil & gas lead insurance revenue  https://nairametrics.com/2025/05/21/linkage-assurance-plc-reports-7-8-profit-growth-in-q1-as-oil-gas-lead-insurance-revenue/ https://nairametrics.com/2025/05/21/linkage-assurance-plc-reports-7-8-profit-growth-in-q1-as-oil-gas-lead-insurance-revenue/#respond Wed, 21 May 2025 11:07:44 +0000 https://nairametrics.com/?p=515770 Linkage Assurance Plc has released its financial results for the first quarter ended 31 March 2025, reporting a pre-tax profit of N829.5 million—up 7.83% from the N769.3 million recorded in the same period of 2024. 

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]]> https://nairametrics.com/2025/05/21/linkage-assurance-plc-reports-7-8-profit-growth-in-q1-as-oil-gas-lead-insurance-revenue/feed/ 0 515770 Champion Breweries ascends over 60% so far in May, shatters N5-resistance  https://nairametrics.com/2025/05/20/champion-breweries-ascends-over-60-so-far-in-may-shatters-n5-resistance/ https://nairametrics.com/2025/05/20/champion-breweries-ascends-over-60-so-far-in-may-shatters-n5-resistance/#respond Tue, 20 May 2025 06:55:43 +0000 https://nairametrics.com/?p=515667 Shares of Champion Breweries Plc have risen by over 60% month-to-date in May 2025, breaking the N5.00 resistance level and moving past the N7.00 mark. 

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]]> https://nairametrics.com/2025/05/20/champion-breweries-ascends-over-60-so-far-in-may-shatters-n5-resistance/feed/ 0 515667 Airtel Africa returns to profitability; pre-tax profit surges to $661 million in 2025  https://nairametrics.com/2025/05/08/airtel-africa-returns-to-profitability-pre-tax-profit-surges-to-661-million-in-2025/ https://nairametrics.com/2025/05/08/airtel-africa-returns-to-profitability-pre-tax-profit-surges-to-661-million-in-2025/#respond Thu, 08 May 2025 13:38:05 +0000 https://nairametrics.com/?p=514919 Airtel Africa has released its full-year 2025 financial report for the period ended March 31, 2025, reporting a pre-tax profit of $661 million, compared to a pre-tax loss of $63 million in the 2024 financial year. 

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]]> https://nairametrics.com/2025/05/08/airtel-africa-returns-to-profitability-pre-tax-profit-surges-to-661-million-in-2025/feed/ 0 514919 Sterling reveals why it has not released financial statements for FY 2024 and Q1 2025, eyes late June  https://nairametrics.com/2025/05/07/sterling-reveals-why-it-has-not-released-financial-statements-for-fy-2024-and-q1-2025-eyes-late-june/ https://nairametrics.com/2025/05/07/sterling-reveals-why-it-has-not-released-financial-statements-for-fy-2024-and-q1-2025-eyes-late-june/#respond Wed, 07 May 2025 21:27:16 +0000 https://nairametrics.com/?p=514859 Sterling Financial Holdings has informed shareholders and the Nigerian Exchange of a delay in releasing its audited financial statements for FY 2024 and unaudited results for Q1 2025. This announcement was made in a disclosure published on May 7, 2025, and signed by the Company Secretary, Mr. Olayinka Oni. According to the company, the delay […]

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]]> https://nairametrics.com/2025/05/07/sterling-reveals-why-it-has-not-released-financial-statements-for-fy-2024-and-q1-2025-eyes-late-june/feed/ 0 514859 VFD Group reports N4.1 billion Q1 2025 pre-tax profit powered by strong investment gains  https://nairametrics.com/2025/05/05/vfd-group-reports-n4-1-billion-q1-2025-pre-tax-profit-powered-by-strong-investment-gains/ https://nairametrics.com/2025/05/05/vfd-group-reports-n4-1-billion-q1-2025-pre-tax-profit-powered-by-strong-investment-gains/#respond Mon, 05 May 2025 14:37:16 +0000 https://nairametrics.com/?p=514670 VFD Group Plc has reported a pre-tax profit of N4.1 billion for the first quarter ended 31 March 2025, representing a 35.45% increase from N3.04 billion in the same period of 2024. 

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]]> https://nairametrics.com/2025/05/05/vfd-group-reports-n4-1-billion-q1-2025-pre-tax-profit-powered-by-strong-investment-gains/feed/ 0 514670 Ecobank posts second-biggest quarterly profit in Q1 2025, driven by core and non-interest income  https://nairametrics.com/2025/05/04/ecobank-posts-second-biggest-quarterly-profit-in-q1-2025-driven-by-core-and-non-interest-income/ https://nairametrics.com/2025/05/04/ecobank-posts-second-biggest-quarterly-profit-in-q1-2025-driven-by-core-and-non-interest-income/#respond Sun, 04 May 2025 07:40:19 +0000 https://nairametrics.com/?p=514572 Ecobank Transnational Incorporated (ETI) has released its unaudited Q1 2025 results, reporting a pre-tax profit of N267.305 billion ($174.9 million), reflecting a 32.68% year-on-year increase. 

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]]> https://nairametrics.com/2025/05/04/ecobank-posts-second-biggest-quarterly-profit-in-q1-2025-driven-by-core-and-non-interest-income/feed/ 0 514572 CWG Plc reports 423.6% surge in Q1 profits as revenue from contracts soars  https://nairametrics.com/2025/05/03/cwg-plc-reports-423-6-surge-in-q1-profits-as-revenue-from-contracts-soars/ https://nairametrics.com/2025/05/03/cwg-plc-reports-423-6-surge-in-q1-profits-as-revenue-from-contracts-soars/#respond Sat, 03 May 2025 14:08:57 +0000 https://nairametrics.com/?p=514557 CWG Plc has reported a pre-tax profit of N2.1 billion in its recently published financial statements for the first quarter ended 31 March 2025. This represents a 423.64% increase compared to the pre-tax profit of N415.9 million recorded in the same period of the previous year, driven by significant revenue growth. The group reported first-quarter […]

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]]> https://nairametrics.com/2025/05/03/cwg-plc-reports-423-6-surge-in-q1-profits-as-revenue-from-contracts-soars/feed/ 0 514557