Eterna Plc’s profit has been maintained thanks to its $1. 6 billion pre-tax profit from H1 2025.
Revenue increased to 157.7 billion in the company’s unaudited financial results, or 7% from 147.85 billion in the prior period of 2024.
Improved operational execution and strategic market positioning primarily contributed to this improvement.
Eterna’s period gross profit for the period was $6.9 billion, with a 4% resistance margin, which fully accounts for the industry’s post-deregulation effects. Operating profit exceeded the previous year’s 14.5 billion FX loss, which was offset by a 2.3 billion dollar increase in other income, which was supported by a 575 million dollar increase.
Compared to a loss before tax of 3.57 billion in H1 2024, the profit before tax was 1.57 billion. Eterna Plc reported a net profit of $574 million for the first half of 2025 after accounting for a 995 million accounting tax expense.
In a statement on the performance, Eterna Plc’s managing director/chief executive officer Olumide Adeosun said, “The company has maintained its ability to remain agile and flexible in the face of an evolving downstream sector. Additionally, it highlights our efforts to create new revenue streams and maintain a cost-effective lubricant industry competitiveness. We think our investment team has the right priorities to deliver our investors ample returns.
Source: Channels TV
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