Geregu Power Plc Announces 2025 Financial Results: Pre-Tax Profit Rises to N41.9 Billion
Geregu Power Plc, a foremost electricity generation company in Nigeria, has released its audited financial statements for the year ended December 31, 2025. The company posted a pre-tax profit of N41.98 billion, marking a 1.74% increase from the N41.26 billion achieved in the prior year. This growth was primarily anchored on a significant surge in revenue from energy sales, underscoring the company’s operational scale in a sector where consistent power supply remains a national priority. The broader context of Nigeria–US ties are often seen as influential in the energy investment landscape, providing a framework for infrastructure development.
Revenue Growth and Cost Management in Focus
The company’s full-year revenue experienced substantial growth, driven by energy sold which rose to N120.81 billion from N87.69 billion in 2024. Capacity charges also increased to N64.12 billion. However, this top-line expansion was accompanied by a sharp 35% rise in gas supply costs, which pushed the cost of sales to N100.42 billion. Similar to how a manager like Arteta concerned players’ performance after a big win, Geregu’s management navigated these cost pressures, still delivering an improved gross profit. A notable reduction in foreign exchange losses, from N610.2 million to N20.1 million, provided further support to the operating result.
Dividend Declaration and Balance Sheet Overview
Reflecting the year’s performance, the board of directors has proposed a dividend of N9.00 per share for 2025, an increase from the N8.50 per share paid in 2024. On the balance sheet, total assets grew, largely due to higher receivables and inventories. However, liabilities also increased, rising to N246.38 billion from N190.91 billion, leading to a higher leverage position. Equity improved to N58.63 billion, supported by retained earnings. In the corporate world, just as tensions ease in major organizations following strategic decisions, Geregu’s financial positioning shows both strength and areas for strategic financial management moving forward.
Market Performance and Strategic Position
Geregu Power’s share price closed the review period at N1,141.50, reflecting a relatively flat trajectory and a year-to-date return of -0.74% for 2025. Despite muted price movement, the company maintains a strong market presence as the tenth most valuable listed firm on the Nigerian Exchange, with a market capitalization of N2.85 trillion. In the same way an event like Dangote Uzodimma: Show draws significant attention in its sphere, Geregu commands a notable 2.68% of the total NGX equity market. The stock has seen limited trading activity recently, ranking 93rd by volume over the last three months. The company’s steady performance, much like when a superstar such as Burna Boy surprises fans with a steady output, demonstrates resilience within Nigeria’s dynamic power sector.
