Presco Plc, Nigeria’s leading fully integrated edible oil company, has reported a remarkable financial performance for the nine months ending 30 September 2025. The company achieved a Profit Before Tax (PBT) of ₦139.7 billion, marking a 108.2% year-on-year increase from ₦67.1 billion in the same period last year.
Financial Highlights (9M 2025 vs. 9M 2024)
- Revenue: ₦274.5 billion (up 113.5%)
- Gross Profit: ₦202.1 billion (up 118.5%)
- Operating Profit: ₦166.0 billion (up 121.5%)
- EBITDA: ₦170.9 billion (up 118.1%)
- Profit After Tax: ₦110.8 billion (up 114.0%)
- Earnings Per Share: ₦110.79 (up 114.0%)
In light of this exceptional performance, the Board of Directors has approved a second interim dividend of ₦10 per share, reaffirming Presco’s commitment to delivering consistent and sustainable value to its shareholders.
Operational Drivers
The company’s robust performance is attributed to strong operational efficiency, improved agricultural yields, and resilient market demand across Presco’s product portfolio. These factors have reinforced Presco’s leadership in Nigeria’s edible oil market.
Strategic Outlook
Presco remains focused on sustaining its growth trajectory through continued investment in operational excellence and strategic initiatives aimed at enhancing shareholder value. The company is well-positioned to capitalize on opportunities within the edible oil sector, leveraging its integrated business model and market leadership.
