Net profit at Nigeria’s first listed power generation company, Geregu Power Plc, is expected to extend its rally into the first quarter of 2026 as a stronger anticipated revenue lifts the bottom line.
After tax profit is projected to climb to N12.02 billion between January and March next year, that’s a 15.2 percent rise compared to N10.43 billion recorded in the same period this year.
The expected profit rally is primarily driven by an 80 percent year-on-year rise in top line, predicted to surge to N57.11 billion next year from N31.75 billion in the same period in 2025.