Vitafoam Nigeria Plc's Pre-Tax Profit Surges 1,751% in 2025 Financial Results
Vitafoam Nigeria Plc has announced its unaudited financial results for the 12-month period ending September 30, 2025, showing an exceptional growth trajectory. The company's profit before tax (PBT) skyrocketed by 1,751% to N21.2 billion compared to N1.1 billion in the previous year.
Profit after tax (PAT) also saw an impressive increase of 1,407% to N14.3 billion. The company attributes this remarkable performance to robust operational execution, disciplined cost management, and a strong rebound from previous foreign exchange headwinds.
Vitafoam's earnings per share (EPS) also improved significantly to 1.067 kobo. The company's management, led by Taiwo Adeniyi, expressed delight in the strong financial results, emphasizing their commitment to operational excellence, cost efficiency, and sustainable value creation for shareholders.
Plus234Feed summary based on reporting from Business Day. Read the original report below.
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