Aradel Posts N753bn Pre-tax Profit, Records N2.492tn Revenue

Aradel Holdings Plc has reported a pre-tax profit of N752.71 billion in its unaudited half year (H1) financial statement for the period ended June 30, 2026.
The performance represents an increase of 293 per cent from N191.31 billion recorded in the corresponding period of 2025.
This is according to the company’s unaudited financial statement filed on the Nigerian Exchange (NGX).
The Company recorded a gross revenue of N2.492 trillion, up by 577 per cent from N368.1 billion in 2025, reflecting higher production volumes together with stronger realised crude oil and gas prices.
Revenue grew to N2.49 trillion from N368.08 billion in the prior-year period, reflecting the impact of expa...