Presco Plc, Nigeria’s largest listed palm oil producer, posted a record full-year profit in 2025, shrugging off a softer fourth quarter as surging sales volumes, higher palm oil prices, and a balance-sheet transformation powered earnings to new highs.
Profit attributable to shareholders jumped
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Wasiu Alli
Wasiu Alli is a business, economics cum data journalist with strong expertise covering macro trends, capital markets, government policies, corporate earnings and comparative economics analysis. Alli turns raw data into trends that not only tells compelling stories but nudges investors to make valued and informed decisions. He’s an alumnus of Lagos State University and trained at Lagos Business School. He formerly heads the Companies and Markets desk at BusinessDay where he writes and supervises the production of well researched articles on earnings updates, corporate sectoral comparisons, market intelligence as well as interviews with C-suite executives.