Five listed companies have forecast a combined profit after tax of N54.72 billion for the third quarter of 2025, the group, comprising MRS Oil Plc, Eterna Plc, Custodian Investment Plc, Regency Alliance Insurance Plc and STACO Insurance Plc, spans the oil, gas and insurance sectors, and released their profit outlook following Exchange requirements.
Custodian Investment Plc leads the pack with a predicted profit after tax of N49.41 billion for the nine months ending 30 September 2025, a remarkable 207 percent increase from N16.08 billion a year earlier.
Its gross revenue is expected to rise to N175.81 billion, up from N103.91 billion, buoyed by stronger investment returns and operating income, even as total expenses climb to N117.68 billion from N84.71 billion.
