Ikeja Hotel Plc Records Strong Profit Growth, Asset Expansion In 2025

Ikeja Hotel Plc Records Strong Profit Growth, Asset Expansion In 2025

Ikeja Hotel Plc has reported a strong financial performance for the year ended December 31, 2025, posting higher revenue, improved profitability and a stronger balance sheet, according to its unaudited consolidated financial statements filed with the Nigerian Exchange. The hospitality group recorded consolidated revenue of ₦25.84 billion in 2025, representing a 37.8 per cent increase... The post Ikeja Hotel Plc Records Strong Profit Growth, Asse…

Ikeja Hotel Plc Grows Profit As Revenue Rises To ₦25.8bn In 2025

Ikeja Hotel Plc recorded improved financial results in the 2025 financial year as higher revenue, stronger operating profit, and increased finance income bolstered performance despite rising operating and administrative costs. For the year ended December 31, 2025, the hospitality group reported revenue of ₦25.84 billion, up from ₦18.75 billion in 2024, representing a 38 percent […] The post Ikeja Hotel Plc Grows Profit as Revenue Rises to ₦25.8b…

Ikeja Hotel Posts ₦2.31bn Profit As Revenue Surges 46% To ₦29.04bn In 2025 » News.ng

Ikeja Hotel Plc has reported a profit after tax of ₦2.31 billion for the full year ended December 31, 2025, representing a 32% increase from ₦1.75 billion recorded in the corresponding period of 2024, news.ng reports. The statements were signed by the Managing Director/CEO, Mr Theophilus E. Netufo, and the Financial Controller, Mr Zacchaeus O. Adeyemo, on January 23, 2026. The hospitality company’s revenue jumped 46% to ₦29.04 billion, compared …