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Geregu Power Plc reports N55.75bn revenue in 9 months, grows profit by 13.26%

Geregu Power changes registered address to 6, Onega Street, Off Gana Street, Maitama, Abuja

Geregu Power

Geregu Power Plc on Wednesday published its Third Quarter report for the period ended 30 September 2023.

The company reported revenue of N55.747 billion for the 9 months period, up by 42.93% from N39 billion reported the previous year.

Profit after tax grew year on year by 13.26% to N11.36 billion from N10.03 billion reported the previous year.

Earnings per share of the company stands at N4.54.

At the share price of N339.5, the P/E ratio of Geregu Power stands at 74.72x with earnings yield of 1.34%.

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