Aradel Profit Soars by 122% in Q3, Declares Interim Dividend
Aradel Holdings Plc grew profit by about 122% year on year to N245.124 billion at the end of the third quarter of financial year 2025 from N110.579 billion in the equivalent period in 2024.
The oil company’s revenue surged to N538.809 billion in the same period, up by 42.7% year on year from N377.580 billion in the comparable period in 2024.
With the bumper earnings harvest for the period, Aradel Holdings Board approved an interim dividend payment of ₦10 per share for the period ended 30th September 2025, subject to applicable withholding tax deductions.
The oil company’s share price opened the market on Thursday at N800 per share, trading below N869 its highest value in 52 weeks, following a fast and furious rally that preceded its earnings release.
Investors had reacted positively to the group expansion with the new additional interest in ND Western Limited. GCR Keeps FBNQuest Merchant Bank Outlook on Rating Watch Negative
