Eterna Plc has announced its audited financial results for the full year ended December 31, 2025, reporting a profit before tax of ₦7.27bn, representing a 52.9 per cent increase from the ₦4.48bn recorded in 2024.
The company also posted revenue of ₦302.37bn for the year, reflecting growth across its fuels, lubricants, and gas segments, according to a statement released by the firm.
Profit after tax stood at ₦2.92bn, while earnings per share rose to ₦2.24, signalling improved value creation for shareholders.
The company said its financial position strengthened during the year as total assets rose to ₦92.19bn, supported largely by increased inventory levels.
Shareholders’ funds also increased to ₦7.77bn, reflecting improved retained earnings and a stronger balance sheet.
“The performance reflects the company’s continued focus on operational efficiency, improved cost management, and strategic positioning across its fuels, lubricants, and gas businesses,” the statement said.
In line with its commitment to rewarding investors, the company’s Board of Directors proposed a dividend of ₦0.50 per share for the financial year ended December 31, 2025.
The proposed dividend is subject to approval by shareholders at the company’s upcoming Annual General Meeting.
Commenting on the results, the Managing Director and Chief Executive Officer of Eterna Plc, Olumide Adeosun, said the company remains focused on strengthening its operational base while expanding its asset portfolio.
According to him, the company will continue to pursue growth through retail network expansion, broader product offerings, and improved operational efficiency.
“Eterna Plc remains committed to building on this performance through retail expansion, increased product offerings, operational improvements, and customer-focused initiatives aimed at enhancing value for our shareholders,” Adeosun said.
The company noted that its strategy going forward will focus on sustaining operational improvements while strengthening its market position across Nigeria’s downstream energy sector.
