May & Baker Nigeria Plc Reports 77% Profit Increase to N3.34 Billion
May & Baker Nigeria Plc's profit surged by 77% to N3.34 billion in the nine months ending September 30, 2025. The increase was attributed to a 36% rise in revenue to N29.53 billion, outpacing a 29% increase in costs.
The company's gross profit jumped by 50%, with operational profit increasing by 76%. May & Baker maintained tight control over expenses, leading to a significant improvement in financial performance.
Plus234Feed summary based on reporting from Business Day. Read the original report below.
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