Conoil Plc Q2/H1 Result: Sharp Earnings Decline Highlights Margin Pressures Amid Revenue Contraction

WA
WaneInvestmentHouse
Community Contributor
Published
24 Jun 25
Updated
07 Aug 25
WaneInvestmentHouse's Fair Value
₦200.00
17.3% overvalued intrinsic discount
07 Aug
₦234.50
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1Y
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Author's Valuation

₦200.0

17.3% overvalued intrinsic discount

WaneInvestmentHouse's Fair Value

Shared on07 Aug 25

Bearish due to significant earnings deterioration Conoil Plc’s financial performance for H1 2025 reflects serious profitability pressures , marked by an 89% drop in profit after tax , declining revenues, and sharply rising finance costs. While the balance sheet has held steady, operating inefficiencies and rising debt servicing costs have materially eroded shareholder value.

Shared on05 Aug 25

Conoil Plc: Profitability Under Severe Pressure as Margins Collapse Amid Rising Finance Costs Conoil Plc’s Q2 2025 results paint a challenging picture of declining revenues, surging finance costs, and shrinking profitability. The company has seen an 83% YoY drop in quarterly pre-tax profit and an 89% decline in H1 pre-tax earnings , primarily due to a sharp fall in white product sales and mounting cost pressures.