Ellah Lakes Plc has reported an working lack of N1.87 billion for the seventeen months ended December 31, 2025, as rising administrative and personnel prices continued to outpace income progress.
The outcomes had been contained within the firm’s consolidated unaudited {financial} statements launched to the investing public and filed with the Nigerian Change (NGX) on Tuesday, February 3, 2026.
Whereas income and different earnings recorded notable enhancements throughout the interval, excessive working bills, finance prices, and weak price controls weighed closely on total efficiency, deepening collected losses.
Ellah Lakes recorded improved topline efficiency throughout the 17-month interval, however the positive factors had been inadequate to offset escalating prices.
Income rose sharply, supported by greater gross sales exercise and a big enhance in different earnings, significantly overseas alternate positive factors.
General, the information exhibits that though income momentum improved, price pressures continued to overwhelm working efficiency.
The agribusiness firm’s working bills expanded considerably throughout the interval, eroding the advantages of upper income and different earnings.
These rising price strains spotlight persistent structural challenges in Ellah Lakes’ price administration framework.
Regardless of stronger quarterly income, profitability remained elusive within the three months ended December 31, 2025.
The fourth quarter efficiency underscored the corporate’s ongoing battle to translate gross sales progress into earnings.
The quarterly figures counsel that price pressures remained elevated whilst gross sales exercise picked up towards year-end.
Ellah Lakes’ stability sheet mirrored modest contraction in asset base and continued strain on fairness ranges.
Gathered losses elevated to N6.26 billion, reflecting the influence of sustained working deficits.
Ellah Lakes Plc operates as an agribusiness firm with important investments in large-scale farming and associated infrastructure.
General, the most recent outcomes present that whereas Ellah Lakes has made progress in rising income and different earnings, the corporate continues to face important operational and {financial} headwinds as rising prices and destructive money flows weigh on its {financial} place.
