eTranzact International Plc has posted a N1.51 billion profit after tax (PAT) for the six months ended June 2025, an 18 percent increase over the N1.28 billion recorded in the same period last year.
Despite a modest revenue dip, the switching and payment firm saw its gross profit surge 40 percent to N6.44 billion, underscoring a strong improvement in margin control and cost efficiency.
Profit before tax rose to N2.16 billion compared to N1.83 billion in H1 2024, while operating profit rose 20 percent to N2.07 billion, driven by lower cost of sales and improved cost efficiency, even as selling and administrative expenses rose with inflation and increased marketing investments.
