Geregu Power Surpasses Q2 Forecast With N13.3bn Pre-Tax Profit, But H1 Figures Trail 2024 Despite Strong Quarter

Geregu Power Surpasses Q2 Forecast With N13.3bn Pre-Tax Profit, But H1 Figures Trail 2024 Despite Strong Quarter

Geregu Power Plc has posted a strong rebound in its financial performance for the second quarter of 2025, recording a pre-tax profit of N13.297 billion, a 61.14% year-on-year growth, and surpassing management’s internal forecast for the period. The result reinforces the company’s dominance in Nigeria’s electricity generation market and highlights the broader trend of profitability […] The post Geregu Power Surpasses Q2 Forecast With N13.3bn Pre-…

Femi Otedola’s Geregu Power posts $57 million H1 2025 revenue

Key PointsRevenue edges up to $57.4 million, driven by consistent income from energy sales and capacity charges, despite a tough operating environment.Profit holds steady at $13.22 million, with earnings per share nearly flat year-over-year, signaling financial resilience.Total assets grow to $175.3 million, while retained earnings dip slightly due to a $14.4 million dividend payout.Geregu Power Plc, one of Africa's key electricity producers, le…