Geregu Power reports N112.58bn revenue in 9 months, grows profit by 113%

Geregu Power Plc on Thursday published its Third Quarter report for the period ended 30 September 2024. The result shows significant growth in the Company’s top line and bottom line figures.

Revenue of N112.583 billion was reported for the 9 months period, up by 101.95% from N55.747 billion reported the previous year.

The Company reported profit after tax of N24.189 billion for the 9 months period, up by 112.94% from N11.359 billion reported the previous year.

Earnings per share of the Company stands at N9.68.

At the share price of N1150, the P/E ratio of Geregu Power stands at 118.85x with earnings yield of 0.84%.

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