Financial Results
PRESCO PLC- QUARTER 1 - FINANCIAL STATEMENT FOR 2026
Unaudited interim Financial Statements For the three months ended 31 March 2026 Presco Plc Obaretin Estate Km 22 Benin / Sapele Road PO Box 7061 Benin City, Edo State, Nigeria Tel: +234 8034134444 E-mail: info.presco@siat-group.com www.presco-plc.com PRESCO PLC a) (i) (ii) d) (i) (ii) (iii) (iv) e) (i) (ii) f) _______________________ _______________________ Reji George Johnson Amandor Managing Director Chief Financial Officer FRC/2024/PRO/CIA/008/853137 Are responsible for establishing and maintaining internal controls; PRESCO PLC FOR THE THREE MONTHS ENDED 31 MARCH 2026 Certification Pursuant…
Financial Results
PRESCO PLC- QUARTER 5 - FINANCIAL STATEMENT FOR 2025
PRESCO’s 2025 financial highlights reveal a profit after tax of ₦80.49 billion, a 27.0% increase from ₦63.46 billion in 2024. The basic earnings per share stand at ₦12.065. The company proposes a dividend of ₦14.66 per 50kobo share, translating into a total dividend of ₦17.10 billion. Shareholders’ equity attributable to the parent is ₦442.75 billion, up from ₦133.44 billion in 2024. The weighted average shares outstanding are approximately 1.016 billion, resulting in an EPS of ₦12.065. The return on equity (ROE) is 18.2%. Revenue grew to ₦330.64 billion, a 59.2% rise driven by higher commodity prices and increased sales volumes. Notable developments include the acquisition of Saro Oil Palm and full ownership of GOPDC, expanding the Group’s plantation capacity. The outlook emphasizes strategic expansion, leveraging recent acquisitions and market opportunities in West Africa amidst a positive macroeconomic environment.
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