Aradel Holdings Community

Aradel Holdings Plc has delivered a solid first quarter for 2025, reporting ₦199.9 billion in revenue , nearly doubling last year’s figure with a +97.6% year-on-year growth , driven primarily by increased crude production volumes from new well activity and extended testing at the Omerelu Field. Key Highlights (Q1 2025 vs Q1 2024): Revenue: ₦199.9 billion ▲ +97.6% YoY Profit After Tax: ₦34.2 billion ▲ +55.3% YoY Final Dividend Declared: ₦22/share (Total 2024 dividend: ₦30/share, up 200% from ₦10/share in 2023) Production Upside Drives Performance The stellar topline performance reflects momentum from expanded crude output , which offset temporary gas pipeline disruptions earlier in the quarter.