October 23, 2025/CSL Report Financial Highlights: Revenue +62.8% y/y to N780.49BN Cost of Sales (ex-depreciation) +35.6% y/y to N300.42BN OPEX (ex-depreciation) +48.2% y/y to N160.53BN Gross Profit +86.1% y/y to N480.07BN EBITDA +113.5% y/y to 323.85BN EBITDA Margin +9.9ppts to 41.49% Operating Profit +129.4% y/y to N298.41BN Profit before Tax […]
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Nigeria to Seek Higher OPEC Quota Amid Efforts to Boost Oil Output
October 23, 2025/CSL Research Nigeria plans to demand a higher oil production quota at the next meeting of the Organisation of Petroleum Exporting Countries (OPEC) scheduled for November, according to the Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri. The Minister explained that Nigeria’s current OPEC quota of […]
Presco Plc Q3-25: Earnings Bolstered by Robust Topline Growth
October 23, 2025/Cordros Report Presco Plc (PRESCO) published its Q3-25 unaudited financials after market close yesterday (22 October), reporting a standalone EPS of NGN21.94 (Q3-24: NGN12.89). The surge in earnings was supported by a robust topline expansion (+86.9% y/y). Consequently, the 9M-25 EPS settled higher at NGN110.79 (9M-24: NGN51.77). The Board declared an […]
