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ABC Transport Reports ₦669.1m Profit in 2024 - Tech

Summary by techeconomy.ng
ABC Transport Plc, one of Nigeria’s leading transportation service providers, has reported a post-tax profit of ₦669.1 million for the 2024 financial year, a turnaround from the ₦540.3 million deficit recorded in 2023. According to its 2024 financial statement, the company had profitability across all key performance indicators, reversing the previous year’s losses. Revenue surged by 71% to ₦12.5 billion, up from ₦7.3 billion in 2023. Gross prof…
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ABC Transport Reports ₦669.1m Profit in 2024 - Tech

ABC Transport Plc, one of Nigeria’s leading transportation service providers, has reported a post-tax profit of ₦669.1 million for the 2024 financial year, a turnaround from the ₦540.3 million deficit recorded in 2023. According to its 2024 financial statement, the company had profitability across all key performance indicators, reversing the previous year’s losses. Revenue surged by 71% to ₦12.5 billion, up from ₦7.3 billion in 2023. Gross prof…

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techeconomy.ng broke the news in on Tuesday, April 1, 2025.
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