Shares of College Press Plc have soared over 57% month-to-date on the Nigerian inventory market in Might, as the corporate eyes its document efficiency of 76% set in October 2021.
The rally seems to be pushed by investor response to the corporate’s This fall {financial} outcomes for the interval ended March 2025, which confirmed a pre-tax revenue of N639.5 million.
This represents a serious turnaround from the identical quarter a 12 months earlier, when it posted a pre-tax lack of N222.1 billion.
The return to profitability was largely supported by a robust uptick in income, which rose by 29.24% to N3.4 billion, fueled by sturdy gross sales of printed books throughout Nigeria.
Regionally, the Western zone led with N1.62 billion in gross sales, adopted by the North with N1.08 billion, and the East with N688.3 million.
Following the discharge of the outcomes on April 29, the inventory has gained important momentum—rising from N3.74 to above N5 by late Might, with a buying and selling quantity of 25.4 million shares up to now.
College Press is using a average long-term bullish development within the Nigerian inventory market, with a lot of its latest momentum stemming from 2024, when it recorded a year-to-date achieve of 60.42%.
The constructive worth motion in Might is probably going linked to renewed investor confidence, spurred by the corporate’s return to profitability in This fall ended March 2025.
College Press Plc is one in all Nigeria’s oldest publishing corporations, specializing within the printing, publishing, and distribution of academic and normal curiosity books.
The corporate affords a various vary of product traces tailor-made to numerous academic ranges—pre-primary, major, secondary, tertiary—in addition to to the inventive writing market.
Based in 1949 as a department of Oxford College Press, the corporate is headquartered in Ibadan.
Since 2012, its most profitable month up to now has been October 2021, when it recorded a 76.42% achieve.
