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TotalEnergies Forecasts ₦2.41 Billion Profit for Q1

by Adams Oma
January 14, 2025
in Business News, News
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TotalEnergies Forecasts ₦2.41 Billion Profit for Q1
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The first quarter of 2025 is expected to generate ₦2.41 billion in profit after taxes, according to TotalEnergies Marketing Nigeria Plc.

Financial Projections for Q1 2025:

  • Revenue: ₦213.91 billion
  • Cost of Sales: ₦178.44 billion
  • Gross Profit: ₦35.47 billion
  • Operating Profit: ₦11.32 billion
  • Finance Costs: ₦7.67 billion
  • Profit Before Tax: ₦3.65 billion
  • Taxation: ₦1.24 billion
  • Profit After Tax: ₦2.41 billion

Cash Flow Projections:

  • Net Cash Inflow from Operating Activities: ₦31.92 billion
  • Net Cash Outflow from Financing Activities: ₦42.68 billion
  • Net Cash Inflow from Investing Activities: ₦18.16 million

TotalEnergies Marketing Nigeria Plc has a strong financial outlook and a thorough cost-management plan, which support its ₦2.41 billion net profit projection for the first quarter of 2025. With a cost of sales of ₦178.44 billion, the company’s estimated revenue is ₦213.91 billion.

Tags: Q1TotalEnergies
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