By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Okay NewsOkay NewsOkay News
  • News
  • Politics
  • Business
  • Technology
  • Security
  • Entertainment
  • Sports
Reading: Fidson Healthcare’s 2025 Profit Jumps 94% to N14.96 Billion, Proposes N3.6 Billion Dividend
Font ResizerAa
Font ResizerAa
Okay NewsOkay News
Search
  • News
  • Politics
  • Business
  • Technology
  • Security
  • Entertainment
  • Sports
Follow US
  • About Us
  • Advertising
  • Contact
  • Careers
  • Team
  • Feed
2026 © Okay International Limited - All rights reserved
Business

Fidson Healthcare’s 2025 Profit Jumps 94% to N14.96 Billion, Proposes N3.6 Billion Dividend

By
Ogungbayi Feyisola Faesol
ByOgungbayi Feyisola Faesol
Faesol is a journalist at Okaynews.com, reporting on business, technology, and current events with clear, engaging, and timely coverage.
Follow:
April 3, 2026 - 6:55 pm
Share
Fidson Healthcare Plc
Fidson Healthcare Plc
SHARE

Lagos, Nigeria – Fidson Healthcare Plc has reported a profit before tax of N14.96 billion (approximately $9.56 million) for the 2025 financial year, representing a 94 percent increase from N7.7 billion recorded in 2024, according to the company’s audited financial statement.

Okay News reports that the pharmaceutical firm also proposed a total dividend of N3.6 billion for the year, translating to N1.50 per share, a more than 50 percent increase from the N2.29 billion (N1.00 per share) declared in 2024. Revenue rose 41 percent to N119.06 billion, driven by strong demand across its pharmaceutical portfolio.

Gross profit increased 40 percent to N49.23 billion, while operating profit climbed 67 percent to N21.95 billion. Profit after tax surged 125 percent to N9.88 billion, and earnings per share rose to 412 kobo from 192 kobo in the prior year.

Despite the strong earnings growth, Fidson faced notable headwinds. Finance costs increased 30 percent to N7.13 billion, and the company recorded a net exchange loss of N6.01 billion, highlighting continued exposure to foreign exchange volatility.

- Advertisement -

Total assets increased 9 percent to N80.29 billion, while total liabilities declined 2 percent to N50.09 billion, indicating improved debt management. Total equity attributable to shareholders rose 35 percent to N30.2 billion, with retained earnings up 47 percent to N23.98 billion.

The share price began the year at N50.10 and has since gained 99.6 percent, ranking it 17th on the Nigerian Exchange in year-to-date performance. With 2.4 billion shares outstanding valued at N240 billion, Fidson Healthcare is currently the 44th most valuable stock on the exchange.

Follow Okay News channel on WhatsApp
Add as a preferred source on Google
Follow Okay News on Instagram
- Advertisement -

TAGGED:Fidson HealthcareNigeria Pharmaceuticals
Share This Article
Facebook Pinterest Whatsapp Whatsapp Email Print
Previous Article Bella Shmurda Confesses to Near Bankruptcy Due to Extravagant Lifestyle
Next Article Coronation Merchant Bank Coronation Insurance Reports N9.65 Billion Pre-Tax Profit for 2025 Despite Revenue Growth
FacebookLike
XFollow
InstagramFollow
TiktokFollow
WhatsAppFollow
- Advertisement -
- Advertisement -
Ad imageAd image
Okay NewsOkay News
2026 © Okay International Limited - All rights reserved
  • About Us
  • Advertising
  • Contact
  • Careers
  • Team
  • Feed
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

Continue with Facebook