Julius Berger Jumps by 13.3% as Investors Bet on Earnings
Market value of Julius Berger Nigeria Plc jumped by more than 13% in a race against the trend in the Nigerian Exchange as investors bet on bumper earnings performance in Q3.
The construction company share price reached N151.80 on Friday when 510,094 units valued at N76.178 million were traded in the local bourse.
Trading data from the Nigerian Exchange showed that the counter gained 13.3% week on week following a two times swing triggered by investors that sought to take positions in anticipation of robust 2025 earnings performance.
Reflecting the two days rallies, the market value of Julius Berger Plc.’s 1.6 billion shares outstanding surged to N242.88 billion in the stock market on Friday.
Its market capitalisation came at a significant discount below its highest value reached in the last 52 weeks in the local bourse.
Julius Berger Nigeria Plc grew profit by more than 48% year on year to N18.251 billion at the end of 9M-2025 financial period, supported by strong top line performance.
Revenue inched higher by N540.818 billion at the end of the third quarter earnings period, up by 12% year on year from N405.002 billion posted in the equivalent period in 2024.
Up by about 67% year on year, the construction company’s operating profit surged to N24.219 billion from N14.529 billion in the corresponding period in 2024.
After accounting for other operating obligation, including tax expenses, Julius Berger closed the nine months scorecard with pretax profit of N29.887 billion, up by 10% from N26.199 billion in the equivalent period in 2024.
Net income eventually came in at N18.251 billion, from N12.310 billion 12 months ago, translating to a year on year growth of 48%, boosted by moderated tax payment. Aso Savings Gains 106% Since Mortgage Institution Returns to Market
