Eunisell Interlinked Plc has announced impressive financial results for the year ending June 30, 2026, reporting a revenue of N1.84 billion. This marks a significant 30.24% increase from last year's N1.41 billion.
The company's profitability also saw a notable rise, with pre-tax profit climbing to N301.47 million, up from N235.85 million, and profit after tax increasing to N249.45 million from N190.48 million.
Key Financial Highlights
- Revenue: N1.84 billion (Up 30.24% YoY)
- Gross profit: N597.46 million (Up 24.57% YoY)
- Pre-tax profit: N301.47 million (Up 27.82% YoY)
- Profit after tax: N249.45 million (Up 30.96% YoY)
The growth was primarily driven by Eunisell's oil and gas business, which generated N1.59 billion, accounting for 86.5% of total sales. The power segment also saw revenue more than double, contributing positively to the overall performance.
Despite a rise in operating expenses and costs of sales, which increased to N1.24 billion, the company managed to maintain a strong gross profit margin. However, operating cash flow decreased significantly, ending the year at N15.68 million, down from N84.19 million the previous year.
Market response has been favorable, with Eunisell's share price rising to N189, reflecting a 64.4% increase since the beginning of the year.