Shares of Presco Plc have surged over 19% month-to-date in February, surpassing both the N600 and N700 thresholds, up from the N475 level at the start of the year.
In its financial report released on January 31, 2025, the company reported a full-year pre-tax profit of N128 billion, representing a 156.05% rise compared to the N50 billion from 2023.
Total revenue for fiscal year 2024 reached N198.1 billion, up 93.48% from N102.4 billion the previous year, with 90.2% of sales coming from Nigeria and the remainder from Ghana.