NCR Nigeria's Stock Surges 220% in Nine Months on Revenue Growth and Operational Improvements

NCR Nigeria PLC's stock price soared by 220% in nine months, reaching N16 per share from N5. The company's revenue for the first half of 2025 rose to N899.68 million, showcasing a growth in its diversified business model.

Improved operational efficiency and cost control measures resulted in a gross profit of N161.93 million, a significant improvement from the previous year. The positive financial performance led to a profit after tax of N44.67 million, marking a turnaround from losses in 2024.

Investor response was favorable, with increased trading activity and value.