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Conoil's profit rises 12-fold to N3.9bn as share price gains - Businessday NG

Conoil Plc delivered a strong first-quarter performance in 2026, reporting a profit after tax of N3.90 billion, representing an increase

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AI · summaries

punchng.com1 mese fa

Conoil profits plummet over 75% despite N301bn revenue

Conoil's 2025 profits plummeted over 75% to N2.18bn despite N301bn revenue, driven by surging finance costs and macroeconomic headwinds. Learn more about C

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businessday.ng1 mese fa

Conoil reports weakest profit in five years on rising finance costs - Businessday NG

Conoil's net profit plunged 75.2% to N2.18B as interest costs surged 172.7% amid rising debt. Operating cash flow collapsed 97%, signaling how rising rates and working capital pressure strain capital-intensive businesses in emerging markets.

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Timeline cronologica

lunedì 15 giugno 2026·punchng.com
Conoil profits plummet over 75% despite N301bn revenue
Conoil's 2025 profits plummeted over 75% to N2.18bn despite N301bn revenue, driven by surging finance costs and macroeconomic headwinds. Learn more about C
lunedì 15 giugno 2026·businessday.ng
Conoil reports weakest profit in five years on rising finance costs - Businessday NG
Conoil Plc reported its weakest profit performance in five years after rising finance costs and increasing debt obligations eroded...

Conoil profits plummet over 75% despite N301bn revenue

Conoil reports weakest profit in five years on rising finance costs - Businessday NG

Timeline cronologica

Conoil profits plummet over 75% despite N301bn revenue

Conoil reports weakest profit in five years on rising finance costs - Businessday NG

Adenuga’s Conoil slashes FY'25 dividend by almost half as profit plummets by 75% - Businessday NG

Conoil's profit rises 12-fold to N3.9bn as share price gains - Businessday NG