Tag: profit after tax
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Stanbic IBTC Posts 69% Profit Jump in 2025 Earnings
Overview: A Strong Earnings Rebound for Stanbic IBTC in 2025 Stanbic IBTC Holdings Plc delivered a striking earnings rebound in 2025, underscoring a robust balance sheet and resilient revenue streams. The group reported a 69% year-on-year increase in profit after tax (PAT), rising to about N380.8 billion from N225.3 billion in 2024. This jump reflects…
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Stanbic IBTC Posts 69% Profit Jump as Balance Sheet Strength Deepens in 2025
Stellar Earnings Recovery Highlights 2025 Performance Stanbic IBTC Holdings Plc has delivered a robust rebound in 2025, reporting a 69% surge in profit after tax to about N380.8 billion from N225.3 billion in the previous year. This impressive rebound reflects a strategic blend of higher interest income, resilient non-interest income, and a stronger balance sheet—factors…
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Stanbic IBTC’s 69% Profit Jump Signals Strong 2025 Balance Sheet
Stanbic IBTC Posts Robust 2025 Profit Surge amid a Strengthening Balance Sheet Stanbic IBTC Holdings Plc has delivered a compelling earnings rebound for 2025, recording a 69% jump in profit after tax to N380.8 billion from N225.3 billion in the prior year. This surge underscores the bank’s ability to translate rising interest income and resilient…
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BUA Foods Posts 2025 Profit Surge: N507.7bn After-Tax, Up 91% as Turnover Climbs
BUA Foods Announces 2025 Profit Jump to N507.7bn After-Tax BUA Foods Plc has announced a landmark 2025 financial performance, posting a profit after tax (PAT) of N507.7 billion for the year ended 31 December 2025. This marks a dramatic 91% rise from the N266.0 billion PAT recorded in 2024, driven by higher turnover, improved gross…
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BUA Foods Reports N508bn Profit After Tax, Up 91% in 2025
BUA Foods Posts Record Profit After Tax for 2025 Nigeria-based food and agro-allied giant BUA Foods Plc has delivered a standout financial performance for the year ended December 31, 2025, reporting a profit after tax (PAT) of N507.7 billion. The figure marks a dramatic 91% increase from N266.0 billion in 2024, underscoring the company’s robust…
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BUA Foods Posts 507.7bn Naira Profit After Tax for 2025 Driven by Strong Revenue Growth
BUA Foods Sees Stellar 2025 Profit After Tax Rise BUA Foods Plc has posted a remarkable profit after tax (PAT) of N507.7 billion for the year ended 31 December 2025, marking a 91% jump from N266.0 billion recorded in 2024. The surge underscores the company’s ability to translate stronger turnover into meaningful bottom‑line gains, even…
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Hajiji Signals Shutter Plan for Loss-Making GLCs Without Turnaround Prospects
Hajiji has warned that loss-making government-linked companies (GLCs) and statutory bodies under the state’s purview may be shuttered if they fail to demonstrate a credible turnaround plan. The comments come as part of a broader push to improve fiscal discipline and ensure that state assets contribute meaningfully to public finances. The chief minister emphasized that…
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Hajiji Signals Closure Risk for Struggling GLCs Without Turnaround Prospects
Hajiji Flags Possible Closures for Loss-Making GLCs In a recent policy briefing, Hajiji Noor, the chief minister, signaled a hard line on Government-Linked Companies (GLCs) and statutory bodies that fail to deliver on financial performance. He announced that non-performing entities with no credible turnaround prospects could be shuttered to preserve state finances and protect taxpayers’…