Geregu Power Plc has projected a profit after tax of approximately N8.17 billion for the second quarter ending June 30, 2026, with revenue expected to reach N44.34 billion.
The company’s cost of sales is estimated at N27.40 billion, resulting in a gross profit of N16.93 billion
Operational Expenses and Finance Costs
Administrative expenses are estimated at N2.06 billion, while impairment loss on financial assets is projected at N1.02 billion.
The company anticipates finance income of N1.10 billion against finance costs of N2.76 billion, giving a net finance cost of N1.66 billion.
Geregu Power’s cash flow outlook shows strong operational liquidity, with cash receipts from energy and capacity charges expected to total N50.99 billion.
The company plans to allocate part of its cash toward investments and financing obligations, including N3.58 billion for a major overhaul project and N53 million for intangible assets.
The company’s financial performance is expected to remain stable, with a net increase in cash and cash equivalents of N2.94 billion, bringing its total cash balance to about N49.62 billion by June 30, 2026.
Geregu Power’s market capitalization currently stands at approximately N2.85 trillion, with a share price of N1,141.50.
