Geregu Power Projects N450m Profit for Q4 2026

Geregu Power Plc has projected a profit after tax of N450.3 million for the fourth quarter ending December 31, 2026, based on anticipated revenue of N10.95 billion. The company expects a gross profit of N4.38 billion after accounting for cost of sales of N6.57 billion.

Operating profit is projected at N1.58 billion. Finance costs are expected to pressure pre-tax earnings, with finance income estimated at N1.27 billion against finance costs of N2.19 billion, leading to a net finance cost of N911.45 million.

Consequently, profit before income tax is projected at N672.17 million, with an income tax expense of N221.85 million. Geregu Power anticipates generating N14.25 billion from operations, with cash receipts of N24.85 billion against cash payments of N10.59 billion.

The company plans to spend N3.58 billion on a major overhaul project and expects a net increase of N1.97 billion in cash and cash equivalents during the quarter.