Business
Zichis Agro information 122% income progress

Zichis Agro-Allied Industries Plc has reported a 122 per cent enhance in income for the 9 months ended 30 September 2025, in accordance with its just lately filed unaudited monetary statements with the Nigerian Trade Restricted.
The corporate’s income from contracts with prospects rose to N464.2m within the interval underneath overview, in contrast with N209.2m recorded within the corresponding interval of 2024.
Revenue earlier than tax surged by 364 per cent to N201.0m, from N43.4m a yr earlier, whereas revenue after tax grew by 299 per cent to N166.5m, up from N34.7m within the earlier yr.
Within the interval underneath overview, earnings per share elevated considerably by 367 per cent to twenty-eight kobo, in contrast with six kobo within the prior interval, reflecting the sturdy enchancment in profitability.
The corporate’s shareholders’ funds additionally rose by 19 per cent to N1.01bn from N851.6m as on the finish of September 2024, underscoring a strengthened steadiness sheet place.
The PidomNigeria reported that Zichis Agro-allied Industries Plc has introduced plans to checklist shares valued at N1.09bn on the Nigerian Trade Restricted by way of an inventory by introduction on the Development Board. The corporate plans to checklist 600 million odd shares of fifty kobo every at N1.81 per share, translating to a market worth of N1.09bn. The deliberate itemizing follows a board assembly held in Lagos with capital market regulators, monetary advisers and shareholders.
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