Tantalizers PLC Reports Profit Turnaround for 2025

During the annual general meeting, Tantalizers PLC's chairman, Alhaji Adam Nuru, assured shareholders of the company's long-term sustainability and growth trajectory. The company reported a net profit of N73 million for the year 2025, a significant recovery from a net loss of N265.59 million in 2024.

Tantalizers PLC achieved a turnover of N2.90 billion and a gross profit of N463.78 million, with profit before tax amounting to N83.70 million. Nuru emphasized the importance of operational excellence and disciplined cost management as priorities for future growth.

The company is committed to diversifying its revenue streams and reducing risk concentration, with recent investments in the entertainment and fisheries sectors. Nuru stated that the company is well-positioned to create long-term shareholder value and is focused on executing its long-term strategy, despite uncertain economic conditions.