Geregu Power posts 1.7% rise in pre-tax profit
For the year ending December 31, 2025, Geregu Power Plc, a significant participant in Nigeria's electricity generation industry, reported a little increase in pre-tax profit of N41.98 billion, up 1.74 percent from N41.26 billion in 2024.
Pre-tax profit for the fourth quarter of 2025 was N9.56 billion, slightly less than the N9.84 billion recorded for the same period in 2024 and down from N11.78 billion in the third quarter.
Increased energy sales and higher capacity charges helped the corporation report good full-year revenue growth despite the weaker quarterly results.
Pre-tax profit for the fourth quarter of 2025 was N9.56 billion, slightly less than the N9.84 billion recorded for the same period in 2024 and down from N11.78 billion in the third quarter.
Increased energy sales and higher capacity charges helped the corporation report good full-year revenue growth despite the weaker quarterly results.
For the year ending December 31, 2025, Geregu Power Plc, a significant participant in Nigeria's electricity generation industry, reported a little increase in pre-tax profit of N41.98 billion, up 1.74 percent from N41.26 billion in 2024.
Pre-tax profit for the fourth quarter of 2025 was N9.56 billion, slightly less than the N9.84 billion recorded for the same period in 2024 and down from N11.78 billion in the third quarter.
Despite the lower quarterly results, the company reported strong full-year revenue growth because to increased energy sales and higher capacity charges.
Earnings were further supported by additional revenue streams that more than tripled, such as insurance claims and scrap disposals.
However, the robust topline performance was accompanied by a sharp increase in the cost of sales, mostly as a result of a 35% increase in transportation and petrol supply expenses, which came to N100.42 billion.
Geregu reported a higher gross profit in spite of the cost challenges, suggesting that strong revenue growth assisted in covering both fixed and variable costs. A significant drop in foreign exchange losses from N610.2 million in 2024 to N20.1 million in 2025 significantly improved operating performance.
Pre-tax profit for the fourth quarter of 2025 was N9.56 billion, slightly less than the N9.84 billion recorded for the same period in 2024 and down from N11.78 billion in the third quarter.
Despite the lower quarterly results, the company reported strong full-year revenue growth because to increased energy sales and higher capacity charges.
Earnings were further supported by additional revenue streams that more than tripled, such as insurance claims and scrap disposals.
However, the robust topline performance was accompanied by a sharp increase in the cost of sales, mostly as a result of a 35% increase in transportation and petrol supply expenses, which came to N100.42 billion.
Geregu reported a higher gross profit in spite of the cost challenges, suggesting that strong revenue growth assisted in covering both fixed and variable costs. A significant drop in foreign exchange losses from N610.2 million in 2024 to N20.1 million in 2025 significantly improved operating performance.
Despite the lower quarterly results, the company reported strong full-year revenue growth because to increased energy sales and higher capacity charges.
Earnings were further supported by additional revenue streams that more than tripled, such as insurance claims and scrap disposals.
However, the robust topline performance was accompanied by a sharp increase in the cost of sales, mostly as a result of a 35% increase in transportation and petrol supply expenses, which came to N100.42 billion.
Geregu reported a higher gross profit in spite of the cost challenges, suggesting that strong revenue growth assisted in covering both fixed and variable costs. A significant drop in foreign exchange losses from N610.2 million in 2024 to N20.1 million in 2025 significantly improved operating performance.
Earnings were further supported by additional revenue streams that more than tripled, such as insurance claims and scrap disposals.
However, the robust topline performance was accompanied by a sharp increase in the cost of sales, mostly as a result of a 35% increase in transportation and petrol supply expenses, which came to N100.42 billion.
Geregu reported a higher gross profit in spite of the cost challenges, suggesting that strong revenue growth assisted in covering both fixed and variable costs. A significant drop in foreign exchange losses from N610.2 million in 2024 to N20.1 million in 2025 significantly improved operating performance.
Leave A Comment