November 3, 2025/InvestmentOne Report Revenue moderated to NGN203.83bn (-18.20% YoY), reflecting softer product pricing and volume weakness across the white products segment. Gross profit contracted 34.71% YoY to NGN16.68bn, with gross margin down to 8.18% (9M:2024 10.25%) on weaker spreads and higher input costs. Operating profit fell to NGN8.77bn (-50.50% […]
Results & Dividends
Seplat Energy Plc: Offshore Integration Drives 213% Revenue Surge Amid Higher Tax Burden
November 3, 2025/InvestmentOne Report Seplat Energy Plc delivered a transformational performance in Q3:2025, anchored by the full consolidation of its offshore assets following the acquisition of MPNU (now SEPNU). For the nine-month period, revenue surged 213.33% YoY to NGN3.36trn (9M:2024 NGN1.07trn), driven by a 185% increase in working interest production […]
TotalEnergies Marketing Plc: Weaker Volumes and Higher Finance Costs Drive Negative Earnings
November 3, 2025/InvestmentOne Report TotalEnergies Marketing Nigeria Plc released unaudited results for the nine months ended 30 September 2025. Group revenue declined to NGN587.59 bn in 9M:2025 from NGN793.90 bn a year earlier, a 25.99% drop. Gross profit fell 29.82% to NGN65.76 bn (9M:2024: NGN93.70 bn). Operating profit slid 89.31% […]
