ABC Transport Plc reported a pretax revenue of N1.4 billion for the 2025 {financial} 12 months, greater than double the N634.7 million recorded in 2024.
This efficiency was disclosed within the firm’s unaudited {financial} statements for the 12 months ended December 2025.
Profitability was largely pushed by stronger income, which rose to N16.3 billion from N12.6 billion within the earlier 12 months, with hundreds and waybills main income, adopted by haulage.
The improved outcome was additional supported by different revenue and a discount in finance prices, which declined to N433.4 million from N532.3 million a 12 months earlier.
A more in-depth have a look at full-year income exhibits that out of the N16.3 billion reported, hundreds and waybill companies contributed the biggest share at N5.3 billion.
Direct prices rose according to income, reaching N12.4 billion, up 24.88% 12 months on 12 months.
On the draw back, administrative bills climbed sharply to N2.7 billion from N1.6 billion.
The corporate additionally recorded different positive aspects of N147.4 million, rebounding from a lack of N261.9 million within the prior 12 months.
With finance prices lowered to N433.4 million, pretax revenue expanded to N1.4 billion, up from N634.7 million in 2024.
The steadiness sheet additionally strengthened, with complete belongings rising to N14.4 billion from N10.1 billion.
Shareholders’ fairness elevated to N1.7 billion from N767.0 million, as retained losses of N591.7 million in 2024, swung to a retained revenue of N275.4 million.
The corporate’s shares on the Nigerian Trade have but to react to the outcomes, remaining flat at 0.00% in February.
This follows a 27.32% acquire in January 2026, with the market anticipated to reply positively to the earnings efficiency within the present month.
