Presco’s Revenue Rises 12.7% To N222bn In 9 Months

Presco Plc has recorded a 12.7 per cent growth in revenue from its Nigerian market to N222 billion in the nine months ended September 30, 2026, highlighting the strength of its core domestic market despite global and domestic pressures.
The company announced its nine months results on the Nigerian Exchange, reporting resilient performance across its plantations, processing facilities and supply chain.
Group Profit Before Tax grew by 8.5 per cent year-on-year to N151.5 billion, achieved despite prevailing inflation and declining edible oil prices. Presco standalone PBT saw a more substantial 12.7 per cent increase to N96.9 billion, with standalone Profit after tax rising 11.9 per cent ...