TotalEnergies Marketing Nigeria Plc has reported a 26 per cent decline in revenue for the financial year ended December 31, 2025, reflecting a significant downturn in its financial performance.
The company disclosed this in its audited financial statements released on the Nigerian Exchange Limited on Monday.
According to the report, revenue fell to N767.63 billion in 2025, down from N1.04 trillion recorded in 2024.
The company also reported a pre-tax loss of N12.46 billion, a sharp reversal from the N42.26 billion profit before tax recorded in the previous year.
Similarly, the company posted a loss after tax of N13.85 billion, compared with a profit of N27.50 billion in 2024.
Total comprehensive income also declined to a loss of N13.96 billion, down from a gain of N27.49 billion recorded a year earlier.
The financial statement further showed that shareholders’ funds dropped by 37 per cent, falling to N47.54 billion from N75.08 billion in the previous year. However, the company’s share capital remained unchanged at N169.76 million.
Earnings per share also deteriorated, dropping to a loss of 40.80 kobo, compared with earnings of 80.99 kobo in 2024.
The company’s share price declined by eight per cent, closing at N640, down from N698.00 in the previous year.
Meanwhile, the company’s workforce reduced slightly, with staff strength falling to 413 employees, compared with 420 employees recorded in 2024.
