November 4, 2025/InvestmentOne Report Aradel Holdings Plc delivered another strong financial and operational performance in Q3:2025, sustaining its growth trajectory across upstream, gas, and refining operations. The Group recorded a 43% YoY increase in 9M revenue to NGN538.81bn (9M:2024 NGN377.58bn), underpinned by higher production volumes and efficiency gains across its […]
Results & Dividends
Oando Plc 9M 2025: Profit Lift on Tax Credit, Despite 20% Revenue Drop
November 3, 2025/InvestmentOne Report Oando’s 9M:2025 group revenue fell to NGN2.541 trn in 9M:2025 from NGN3.189 trn a year earlier, a 20.32% decline. This was largely due to weaker downstream trading – notably the suspension of Premium Motor Spirit (PMS) imports following the Dangote Refinery ramp-up – offsetting stronger upstream sales. Gross […]
Eterna Plc 9M 2005: Narrow Spreads Compress Margins, Earnings Remain Subdued
November 3, 2025/InvestmentOne Report Eterna Plc reported a challenging Q3:2025, with sharp margin compression and weaker volumes driving a significant contraction in operating earnings. For the nine-month period, Group revenue declined 8.95% YoY to NGN212.84bn (9M:2024 NGN233.75bn), while gross profit fell 67.37% YoY to NGN9.80bn as trading spreads narrowed across […]
