Geregu Power Plc Forecasts N12.1 Billion Profit for Q4 2025

Geregu Power Plc has projected a post-tax profit of N12.1 billion for the fourth quarter of 2025, representing a slight increase from the estimated N11.7 billion profit expected for the third quarter.

The forecast, submitted to the Nigerian Exchange and signed by CEO Akin Akinfemiwa and the company’s CFO, suggests that Geregu Power’s total post-tax profit for 2025 could reach approximately N44 billion or more, assuming the company meets its quarterly estimates.

The power generation company has demonstrated strong top-line performance in recent quarters.

In Q2 2025, Geregu Power reported revenue of N55.8 billion, a significant increase from N30.2 billion in the same quarter of the previous year.

This growth was driven primarily by energy sales, which contributed N35.8 billion, while capacity charges added N19.9 billion.

Geregu Power’s operational health has also been robust, with the company generating an operating profit of N15 billion in Q2 2025, up 73.7% from N8.6 billion in the same period last year.

Despite rising operating expenses, particularly impairment losses on financial assets, the company maintained profitability.

The company’s share price has shown impressive growth, with a year-to-date increase of 188.22% as of July 2025.

Geregu Power’s consistent dividend payouts, averaging over 100% in the past three years, have further enhanced its appeal to shareholders.

Looking ahead, Geregu Power’s sustained profitability will likely depend on strong top-line growth and effective cost management.

The company’s expansion plans, including a potential increase in capacity to 1,300 MW through a partnership with Siemens Energy AG, could position it for continued growth in Nigeria’s evolving electricity sector.