May 2, 2025/InvestmentOne Report Eterna Plc reported an encouraging improvement in profitability in Q1:2025, with the company posting a profit after tax (PAT) of NGN0.69bn compared to a loss of NGN4.06bn recorded in Q1:2024. This notable turnaround was largely driven by the absence of significant foreign-exchange losses that severely impacted […]
Results & Dividends
First HoldCo Plc Earnings Report: Weak Top-line Growth Drags Profit
May 2, 2025/InvestmentOne Report Gross Earnings Increase Marginally: In Q1:2025, First Holdco Plc grew gross earnings marginally by 1.73% YoY to NGN742.94bn. This was primarily driven by improved income from core business as interest income expanded by 37.43% YoY to NGN625.28bn, constituting 84.16% of gross earnings in the period. The […]
Nestle Nigeria Plc: Impressive Revenue Growth Powers Profitability Turnaround
May 2, 2025/InvestmentOne Report Revenue Growth Drives Impressive Profitability Recovery: In its Q1:2025 results, Nestlé Nigeria demonstrated robust revenue growth of 60.71% YoY to NGN294.88 billion from NGN183.48 billion in Q1:2024. This strong topline performance significantly outpaced the 30.31% increase in cost of sales to NGN175.16 billion, resulting in an […]
