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Neimeth Reports 211% Net Profit Growth for 2025

Neimeth Reports 211% Net Profit Growth for 2025

Neimeth International Pharmaceuticals Plc announced a remarkable 211% growth in net profit in its unaudited report for the fourth quarter ending December 31, 2025. The company reported a net profit of N982.11 million, a significant recovery from a loss of N885.33 million in 2024.

Operating profit surged to N2.7 billion, marking a 14.257% increase, while profit before tax grew by 274%, from a loss of N854.546 million in 2024 to N1.48 billion in 2025. The business year saw sales revenue rise to N7.37 billion, reflecting a 64% increase from N4.49 billion in 2024.

Mr. Valentin Okelu, the Managing Director and CEO, attributed this exceptional growth trajectory to strategic planning, prudent spending, cost-effectiveness, and efficient market routes.

He assured shareholders and stakeholders of Neimeth's commitment to doubling earnings and capturing the continental market, emphasizing the company's rich history in pharmaceutical products in Nigeria.

Plus234Feed summary based on reporting from This Day. Read the original report below.

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