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Financial Reports

20+
Years of Reporting
NGX
Exchange Listed
IFRS
Reporting Standard
SEC
Regulatory Compliant

10 YEARS FINANCIAL HIGHLIGHTS

(2016 – 2025)

20252024202320222021 20202019201820172016
TURNOVER 1,979,256,7081,458,457,892780,079,582461,264,956298,978,290 288,615,228280,378,443254,122,766207,078,107170,504,128
#PROFIT BEFORE TAXATION 17,270,72918,251,7069,620,21110,972,0304,052,489 3,246,5832,984,3242,209,9752,594,5552,257,524
#PROFIT AFTER TAXATION 12,226,75711,428,0755,208,2228,273,3682,011,451 1,674,2621,351,9361,479,1352,103,6111,829,367
SHARE CAPITAL 187,668187,668187,668187,668187,668 187,668187,668187,668187,668187,668
SHAREHOLDERS FUND 190,129,159103,530,81893,319,090106,350,55776,764,485 75,289,78974,504,13773,798,52623,182,66321,642,057
#EARNINGS PER SHARE (kobo) 6,515.106,089.522,775.234,408.511,071.81 892.14720.39788.001,121.00975.00
DIVIDEND PER SHARE (kobo) 800.00700.00500.00500.00325.00 300.00300.00300.00300.00300.00
NET ASSETS PER SHARE (kobo) 101,311.4455,167.0149,725.6356,669.5240,904.41 40,118.6139,699.9739,324.0012,353.0211,532.10
Turnover (2025)
N1.97 Trillion
Strong growth over the decade.
Shareholders' Fund (2025)
N190.13 Billion
Nearly doubled from 2024.
Dividend Per Share (2025)
800 Kobo
Highest in the last 10 years.
Net Assets Per Share (2025)
101.31 Kobo
Significant improvement.
Year:
2025 Financial Year ended 31 December 2025
Annual Report

NIPCO PLC 2025 Annual Financial Report

June 2026  ·  PDF

Full audited financial statements for the year ended 31 December 2025. Includes the Directors' Report, Auditors' Report, income statement, balance sheet, cash flow statement, and notes to the accounts prepared under IFRS.

2024 Financial Year ended 31 December 2024
Annual Report

NIPCO PLC 2024 Annual Financial Report

June 2025  ·  PDF

Full audited financial statements for the year ended 31 December 2024. Includes the Chairman's Statement, MD's Review, and audited group accounts. Features the record N1.31 billion dividend (N7 per share) approved at the 2024 AGM.

2023 Financial Year ended 31 December 2023
Annual Report

NIPCO PLC 2023 Annual Financial Report

2024  ·  PDF

Full audited financial statements for the year ended 31 December 2023. Prepared under IFRS, including the 22nd AGM Chairman's Statement, MD's Review, and group and company accounts.

2022 Financial Year ended 31 December 2022
Annual Report

NIPCO PLC 2022 Annual Financial Report

2023  ·  PDF

Full audited financial statements for the year ended 31 December 2022. Prepared under IFRS, including the Directors' Report, Auditors' Report, income statement, balance sheet, and notes to the group and company accounts.