The President/Group Chief Executive Officer,
While delivering the financial performance of the company for half year ended
The Conglomerate with strategic investments in the Power, Hospitality, and Energy sectors, recorded a profit after tax of N6.5 billion, rising by 713 per cent up from N0.8 billion recorded in June of the previous year.
Its revenue rose by 53 per cent, from N35 billion in
Whilst reiterating the Conglomerate's commitment towards producing long-term value and sustainable impact, she revealed that the company is growing impressively in its top-line and bottom-line indices while adding that its entities are also growing.
Speaking on the outlook of the company in H2 2021, Omogiafo said, "We do not plan to rest on our oars. We will continue to sweat our existing assets and explore new frontiers, as we continue to deliver on our purpose of improving lives and transforming
Corroborating her, the Managing Director,
"We will continue to engage with key stakeholders to sell our stranded capacity through the
"We also want to continue to engage with NBET to ensure our invoices are settled on time to improve liquidity," he said.
The management said it would continue to engage the Federal Government as well as the
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