Cutix Records 81% Drop in Q1 Profit as Rising Costs Squeeze Margins
Cutix Plc, a frontline Nigerian cable manufacturer, has reported a sharp decline in its earnings for the first quarter ended July 31, 2025, as rising input costs and higher finance charges undermined profitability. The company’s unaudited financial results show that profit before tax fell to ₦84 million, a significant 81 percent drop from the ₦448 […]









