Presco Posts 56.1% Profit Growth to N121.5b in 2025
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Presco posts 56.1% profit growth to N121.5b in 2025
WorldStage– Presco Plc, an edible oils producer, has reported a 56.1 per cent growth in profit after tax to N121.5 billion for the financial year ended Dec. 31, 2025. The company in its audited results released on Sunday said profit before tax rose to N177.9 billion, while revenue increased by 59.3 per cent to N330.6 billion, supported by improved production efficiency and stronger market demand. Gross profit also grew by 70.6 per cent to N242.2…
Presco Profit Jumps 57% to ₦177.9bn as Expansion Drive Boosts Revenue, Margins - Quoted Companies
https://naija247news.com/feed/ Lagos, May 3, 2026 (Naija247news) — Presco Plc reported a sharp rise in earnings for the 2025 financial year, driven by stronger palm oil demand, operational efficiency gains, and expansion across its plantation assets in Nigeria and West Africa. The edible oils producer said profit before tax rose 57.1 per cent year-on-year to ₦177.9 billion for the year ended Dec. 31, 2025, according to its audited financial resu…
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