Presco Plc has announced its unaudited financial and operational results for the half year ended 30 June 2025, delivering exceptional profitability, operational resilience, and strong year-on-year growth across all performance metrics.
Key Highlights
125.8% Year-on-Year growth in Revenue to N198.7bn (H1 2024: N88.0bn)
121.8% growth in Profit Before Tax to N111.9bn
128.2% increase in Profit After Tax to N88.7bn
133.5% growth in EBITDA to N132.5bn
29.0% increase in Total Assets to N612.9bn
74.1% rise in Retained Earnings to N220.7bn
N20 per share declared as interim dividend for the half year ended 30 June 2025.
The Group delivered a Profit Before Tax (PBT) of N111.9bn in H1 2025, up 121.8% from N54.5bn in the same period last year. This performance reflects the Group’s strong revenue base, improved cost discipline, and strategic focus on long-term value creation.
Revenue for the period reached N198.7bn, a 125.8% increase from N88.0bn in H1 2024. Gross Profit rose by 164.1% to N173.2bn, while Operating Profit stood at N129.8bn, up 138.3% year-on-year. EBITDA grew by 133.5% to N132.5bn, while Earnings per Share increased to N88.72, up from N38.88.
Commenting on the performance, Reji George, Managing Director of Presco Plc, stated: “We’ve delivered significant growth in earnings, sustained our investment in operations, and continued to build a healthy balance sheet. Our H1 2025 performance reflects the strength and discipline of our diversified business model. These results speak to the resilience of our team and the trust of our stakeholders.”
“Looking ahead, we are well-positioned to sustain this momentum, with our robust operational capacity and strategic initiatives expected to drive continued growth and value creation for our stakeholders.”
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Credit: Market Intelligence Notes/Presco Proshare Investor Relations (IR) Portal.