Eterna Plc reports N6.8bn profit up 53% YoY
Eterna Plc's pre-tax profit surged 53% to N6.8 billion for 2025, reversing a N15.7bn net loss in 2024. Fourth quarter profits jumped 73% to N5.48bn, driven by N89.6bn sales despite fuel sales falling 2% to N261.8bn. Gross profit collapsed 69% to N12.4bn due to rising costs, while operating profit dropped 67% to N9.1bn. Key drivers included a N107.67m FX gain replacing 2024's N15.79bn loss and lower finance costs. EPS rose 70% to N1.75. Market reaction was positive with shares up 5.35% in February to N32.50.