CWG Plc closed 2025 on a stronger note and delivered one of its best performances.
Pre-tax profit rose to ₦7.8 billion, marking a 78.4% increase from last year.
Strong Profit Growth
Meanwhile, revenue climbed to ₦65.6 billion, growing by 41.4% year-on-year.
Notably, core business segments drove this growth across the board.
Revenue Drives Expansion
IT infrastructure services generated ₦23.5 billion and led revenue contributions.
Similarly, software sales delivered ₦21.3 billion, while support services added ₦18.7 billion.
As operations expanded, the company increased cost of sales to ₦49.6 billion.
However, it grew gross profit faster, reaching ₦15.9 billion, up 61.1%.
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At the same time, CWG raised administrative expenses to ₦8.4 billion due to staff costs.
In addition, exchange losses of ₦605.2 million reduced overall earnings during the year.
CWG Dividend And Outlook
Despite these pressures, the company grew operating profit by 69% to ₦7.5 billion.
Furthermore, it boosted finance income sharply and reduced finance costs year-on-year.
As a result, CWG recorded post-tax profit of about ₦5.0 billion, up 63.4%.
Likewise, earnings per share increased to 1.97 kobo from 1.21 kobo.
Consequently, the company declared a final dividend of 70 kobo per share.
This move reflects a 79% increase, with payment scheduled for 17 April 2026.
On the balance sheet, CWG expanded total assets to ₦39.9 billion.
It also increased retained earnings to ₦7.4 billion and raised liabilities to ₦31 billion.
Even so, the market has reacted cautiously so far.
Still, the stock has gained over 15% this year, signalling growing investor interest.
