Geregu Power declares N27.43 billion as profit in 12 months

Geregu Power Plc on Wednesday published its Financial Statement for the year ended 31 December 2024.

The Company reported revenue of N137.13 billion for the 12 months period, up by 65.39% from N82.91 billion reported the previous year.

Profit after tax grew year on year by 70.74% to N27.43 billion from N16.06 billion reported the previous year.

Earnings per share of Geregu Power stands at N10.97

At the share price of N1150, the P/E ratio of Geregu stands at 104.83x with earnings yield of 0.95%.

Source: Geregu Power declares N27.43 billion as profit in 12 months – StocksWatch

Related Posts

27

Oct
Business & Economy

CBN’s Move to Control Fixed-Income Market Sparks Regulatory Tension

Nigeria’s financial market is witnessing growing regulatory tension following the Central Bank of Nigeria’s (CBN) recent bid to assert control over the fixed-income market — a move analysts say challenges the Securities and Exchange Commission’s (SEC) statutory authority as the apex capital market regulator. While the CBN describes the initiative as a step toward improving transparency and […]

27

Oct
Business & Economy

Market sustains bullish trend as investors gain N4.23trn in one week

Nigerian Stock Market sustained its bullish ride, driven by renewed investors’ confidence in fundamentally sound stocks and anticipation for more Q3 earnings results. The All-Share Index appreciated by an impressive growth of 4.48% to close at a new all-time high of 155,645.05 points while Market capitalization closed the week at N98.793 trillion. Year-to-date (YTD), the market has[…]