Close Menu
    What's Hot

    Fitch Upgrades Wema Bank to ‘B’ With Stable Outlook

    June 1, 2026

    Nigerian Naira Opens Strong as Foreign Reserves Top $49bn

    June 1, 2026

    Kidnapping: NUT Directs Oyo Teachers to Begin Indefinite Strike June 1

    June 1, 2026
    Facebook X (Twitter) Instagram
    • Home
    • About Us
    Facebook X (Twitter) Instagram WhatsApp
    MarketForces AfricaMarketForces Africa
    Subscribe
    Monday, June 1
    • Home
    • News
    • Analysis
    • Economy
    • Mobile Banking
    • Entrepreneurship
    MarketForces AfricaMarketForces Africa
    MarketForces Africa » Analysis » VFD Group Forecasts Q4 Profit to Settle at N2.45 Billion
    Companies

    VFD Group Forecasts Q4 Profit to Settle at N2.45 Billion

    Julius AlagbeBy Julius AlagbeSeptember 10, 2025Updated:September 10, 2025No Comments2 Mins Read
    Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
    VFD Group Forecasts Q4 Profit to Settle at N2.45 Billion
    VFD Group
    Share
    Facebook Twitter Pinterest Email Copy Link

    VFD Group Forecasts Q4 Profit to Settle at N2.45 Billion

    VFD Group Plc has forecasted its fourth quarter of 2025 profit to settle at N2.45 billion, details from the company’s regulatory filing revealed.

    In an earnings projection signed by its chief finance officer, Raphael Olope and Nonso Okpala, the company is targeting more than N24 billion as gross earnings.

    In the stock market, its share price dipped slightly as investors trimmed positions. The company’s share price fell to N10.90 as 2.925 million units valued at N31.871 million were traded in the open market.

    This left market value of VFD Group’s 7.601 billion shares outstanding at N82.851 billion, which is about 43% below its highest value in 52-week.

    VFD Group is targeting N24.082 billion as its gross earnings for the fourth quarter of 2025. Operating income is anticipated to reach N23.012 billion, and total operating expenses is estimated at N5.532 billion.

    Its finance costs for the period is anticipated to settle at N12.765 billion, leaving a projected pre-tax profit of N3.504 billion for the company. The company estimates N1.105 billion for tax payment in Q4, leaving net income at N2.452 billion. #VFD Group Forecasts Q4 Profit to Settle at N2.45 Billion

    Naira Strengthens to N1506 as Foreign Reserves Hit $41.5bn

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
    Julius Alagbe
    • Website
    • LinkedIn

    Julius Alagbe is a senior financial journalist and Editor at MarketForces Africa with nearly two decades of experience in finance, accounting, and economics reporting.He is one of Nigeria's most prolific financial market reporters, covering capital markets, monetary policy, corporate earnings, banking, telecoms, and macroeconomic developments across Africa.Julius has built a strong footprint reporting on Nigeria's leading corporates and financial services sector, including coverage of the Nigerian Exchange Group, Central Bank of Nigeria monetary operations, MTN Nigeria, GTCO, and major investment banking transactions.He regularly monitors the CBN’s open market operations, interbank FX markets, and equity market movements, providing readers with real-time intelligence on Nigeria’s financial landscape.His reporting draws on direct access to institutional research from firms including Moody’s Ratings, CardinalStone Securities, Fitch, and other leading African investment houses.Julius brings analytical depth and editorial rigour to every story, making complex financial data accessible to professionals, investors, and policymakers across Africa.Julius Alagbe is based in Lagos, Nigeria.

    Related Posts

    News

    Fitch Upgrades Wema Bank to ‘B’ With Stable Outlook

    June 1, 2026
    News

    Nigerian Naira Opens Strong as Foreign Reserves Top $49bn

    June 1, 2026
    News

    Kidnapping: NUT Directs Oyo Teachers to Begin Indefinite Strike June 1

    June 1, 2026
    News

    Oil Prices Surge as US-Iran Attacks Heighten Uncertainties

    June 1, 2026
    News

    Federal Workers Reject N100,000 Minimum Wage Proposal

    June 1, 2026
    News

    Rand Steadies Against Crosses, SARB Hikes Oil Price Forecast

    June 1, 2026
    Add A Comment

    Comments are closed.

    Editors Picks

    Fitch Upgrades Wema Bank to ‘B’ With Stable Outlook

    June 1, 2026

    Nigerian Naira Opens Strong as Foreign Reserves Top $49bn

    June 1, 2026

    Kidnapping: NUT Directs Oyo Teachers to Begin Indefinite Strike June 1

    June 1, 2026

    Oil Prices Surge as US-Iran Attacks Heighten Uncertainties

    June 1, 2026
    Latest Posts

    Fitch Upgrades Wema Bank to ‘B’ With Stable Outlook

    June 1, 2026

    Nigerian Naira Opens Strong as Foreign Reserves Top $49bn

    June 1, 2026

    Kidnapping: NUT Directs Oyo Teachers to Begin Indefinite Strike June 1

    June 1, 2026

    Oil Prices Surge as US-Iran Attacks Heighten Uncertainties

    June 1, 2026

    Federal Workers Reject N100,000 Minimum Wage Proposal

    June 1, 2026

    Subscribe to News

    Get the latest sports news from NewsSite about world, sports and politics.

    About US
    About US

    MarketForces Africa is a financial information service provider with interest in media, training and research. The media platform provides information about markets, economies, and crypto, forex markets and investment ecosystem.

    Contact Us:
    Suite 4, Felicity Plaza, Freedom Estate Drive, Lagos-Ibadan Express Road, Magboro
    T: . 08076677707, 08052076440

    Facebook X (Twitter) Instagram Pinterest YouTube
    Latest Posts

    Fitch Upgrades Wema Bank to ‘B’ With Stable Outlook

    June 1, 2026

    Nigerian Naira Opens Strong as Foreign Reserves Top $49bn

    June 1, 2026

    Kidnapping: NUT Directs Oyo Teachers to Begin Indefinite Strike June 1

    June 1, 2026

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    © 2026 Marketforces Africa
    • About
    • Contact us
    • Subscription Plans
    • My account

    Type above and press Enter to search. Press Esc to cancel.