Geregu Power’s net profit for the first nine months of the year climbed by more than twofold, compared to the same period of 2023.
The performance was helped by a dramatic jump in the income from energy sold, according to its earnings report issued on Thursday.
The electricity provider, which is backed by Africa Export and Import Bank’s Fund for Export Development in Africa, reported a 102 per cent increase in turnover at N112.6 billion for the period.
Top line derived strength…
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