Geregu Power Plc has released its unaudited interim financial statements for the second quarter ended June 30, 2025, reporting a pre-tax profit of N13.297 billion, representing 61.14% year-on-year growth and exceeding its Q2 2025 forecast.
Combined with its Q1 profit of N13.015 billion, the company’s first-half pre-tax profit stood at N26.311 billion. However, this reflects a 12.74% decline compared to the first half of 2024.
Revenue for Q2 2025 came in at N55.875 billion, marking an impressive 84.72% increase compared to N30.249 billion recorded in Q2 2024, also beating management’s revenue forecast for the quarter.
