In its lately launched {financial} assertion, VFD Group reported a pretax revenue of N6.03 billion for the six months ended June 30, 2025, up from N3.3 billion in the identical interval final 12 months.
This development was primarily pushed by funding earnings, which rose 49.5% to N37.5 billion, in comparison with N25.1 billion within the earlier 12 months.
The highest contributors to funding earnings have been curiosity from placements at N9.6 billion, funding earnings of N6.6 billion, curiosity from loans and advances totaling N6.2 billion, and curiosity from funding logistics of N5.6 billion.
Though bills elevated by 49.5% to N1.9 billion, the group nonetheless recorded a powerful web funding earnings of N35.6 billion.
Whole working bills went as much as N10.7 billion from N9.6 billion, however working revenue held regular at N27.1 billion, up from N16.5 billion.
Nonetheless, finance prices primarily from borrowing amounted to N21.1 billion, weighing on the underside line, however post-tax revenue nonetheless rose notably to N5 billion from N2.5 billion.
The CEO of VFD Group, Nonso Okpala, commented:
“Our first half efficiency displays deliberate strategic strikes, disciplined portfolio administration, improved group-wide effectivity, and centered capital deployment.”
Wanting forward, he added,
“As we transfer ahead, we stay guided by our North Star technique, a transparent path towards continental growth, deeper institutional capabilities, and market management.”
As of the buying and selling day ended eleventh August 2025, the corporate shares have recorded a year-to-date efficiency of 63.51% on NGX, with its share value at present at N12.10.
