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WaneInvestmentHouse

Community Contributor

ABC Transport Rebounds to Profitability Amid FX Headwinds and Surging Revenue

ABC Transport Plc delivered a strong turnaround in Q1 2025, returning to profitability with a ₦223.2 million profit after tax, a sharp reversal from the ₦79.1 million loss recorded in the same period of 2024. This performance was primarily driven by a 57.4% increase in revenue to ₦3.63 billion , underpinned by improved passenger transport volumes and a robust logistics segment.

₦1.73

FV

56.1% overvalued

10.28%

Revenue growth p.a.

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about 2 months ago