Presco Plc Nigeria Reports Strong Financial Performance, Declares Dividend

Presco Plc, a leading fully integrated edible oil business in Nigeria, announced robust financial operations for the nine-month period ending September 30, 2025. The company reported a 108.2% year-on-year growth in profit before tax, reaching N139.7 billion.

Revenue increased by 113.5% to N274.5 billion, with gross profit rising by 118.5% to N202.1 billion. The board of directors approved a second interim dividend of N10 per share, reflecting Presco's commitment to delivering consistent value to its shareholders.