Published
10 hours agoon
Eterna Plc has announced its audited financial results for the full year ended 31 December 2025, delivering a strong performance marked by significant profit growth and improved balance sheet strength according to a press statement by the company.
The Company recorded revenue of ₦302.37 billion for the year, while profit before tax (PBT) rose to ₦7.27 billion, representing a 52.9% year-on-year increase from ₦4.48 billion in 2024. Profit after tax stood at ₦2.92 billion, with earnings per share (EPS) of ₦2.24, reflecting enhanced value creation for shareholders.
The company’s financial position strengthened during the year, with total assets rising to ₦92.19 billion, driven by its robust inventory, while shareholders’ funds increased to ₦7.77 billion, reflecting improved retained earnings and enhanced balance sheet resilience.
The performance the statement also noted reflects the Company’s continued focus on operational efficiency, improved cost management, and strategic positioning across its fuels, lubricants, and gas businesses.
In line with its commitment to delivering value to shareholders, the Board Directoctors the statement further declared has proposed a dividend of ₦0.50 per share for the financial year ended 31 December 2025, subject to shareholders’ approval at the upcoming Annual General Meeting.
Commenting on the full 2025 FY results, Managing Director/Chief Executive Officer, Mr. Olumide Adeosun, stated that the company remains focused on operational efficiency and sustainable asset expansion, while strengthening its market position across its fuels, lubricants, and gas businesses.
Eterna Plc also noted in the released public statement that it remains committed to building on this latest performance through retail expansion, increased product offerings, operational improvements, and customer-focused initiatives aimed at enhancing value for it’s shareholders.
The full Audited Financial Statements for the period ended 31 December 2025 the press statement concluded are available on the company’s website: www.eternaplc.com.