Aradel Holdings Plc Group recorded a N146.3 billion profit after tax for the half year ended June 30, 2025, reflecting a solid 41 percent year-on-year growth from the N104.4 billion posted in the same period of 2024, driven by stronger revenues, rising investment, and finance income.
The Group’s total revenue rose to N368 billion, up from N268 billion in H1 2024, supported by increased crude oil output and favourable market prices across its upstream and midstream businesses.
Despite an uptick in the cost of sales to N204 billion, from N106 billion, the gross profit expanded to N163 billion, affirming the Group’s ability to deliver value under tight economic conditions.