Geregu Power Targets N12.12 billion Profit in Q4-2025
Geregu Power Plc forecasts a N12.120 billion profit for the fourth quarter of financial year 2025, according to details from its latest regulatory filing.
In a statement signed by its chief executive officer, Akin Akinfemiwa, the power-generating company anticipates revenue to print at N63.054 billion in the same period.
Gross profit for the period is projected to settle at N26.294 billion after the company offset its direct costs of sales estimated at N36.759 billion.
For Q4, Geregu Power targets N19.272 billion as operating profit following its estimated impairment charge of N4.293 billion and administrative expenses of N2.728 billion.
The company estimated net finance costs to reach N1.179 billion on the back of projected finance income of N1.757 billion and finance costs of N2.936 billion in the period.
Geregu Power pre-tax profit is expected to berth at N18.092 billion at the latter part of the year operation, and income tax expenses is projected at N5.971 billion.
Net income for Q4 is projected at N12.10 billion, and Geregu Power anticipates cash and cash equivalents of about N33 billion in the period.
In the stock market, Geregu Power’s share price has remained flat due to thin transactions on the company.The Nigerian Exchange valued Geregu Power Plc’s 2.5 billion shares outstanding for N2.853 trillion at a unit price of N1141.50 at the close of the trading session on Wednesday.
The company operates the Geregu Power Plant in Kogi State, generating electricity for Nigeria’s national grid to address the country’s energy needs #Geregu Power Targets N12.12 billion Profit in Q4-2025 Veritas Kapital Records Strong Half-Year Growth
