February 5, 2025/InvestmentOne Report Conoil Plc delivered a solid performance in FY:2024, underpinned by significant revenue growth and improved profitability compared to FY:2023. Overall revenue increased by 60.50%, rising from NGN201.39bn in FY:2023 to NGN323.13bn in FY:2024. This robust top-line performance was largely driven by strong demand in the company […]

February 3, 2025/InvestmentOne Report Aradel Holdings Plc’s impressive financial performance in 2024 was driven by several key factors. The substantial revenue growth of 162.79%, from NGN221.14bn in 2023 to NGN581.02bn in 2024, was primarily due to increased hydrocarbon production and enhanced sales from refinery operations. The successful re-entry of Well […]

February 3, 2025/CSL Research Presco Plc (PRESCO) in its unaudited FY 2024 results reported a robust 93.5% y/y growth in Revenue, reaching N198.15bn from N102.42bn in FY 2023, surpassing our FY2024 estimate of N167.2 bn by 18.5%. Also, Revenue was up by 71.6% q/q, to N69.59bn in Q4 from N40.55bn […]