Presco Plc, Nigeria’s leading fully integrated agro-industrial company, has released its unaudited financial results for the half-year (H1) ended June 30 2026.
The Board has proposed an interim dividend of N10 per ordinary share.
In the review H1 period, Presco Plc’s Profit Before Tax (PBT) printed higher at N122.2 billion, up 9.3 percent from N111.9 billion recorded in the corresponding H1 period of 2025.
The Board’s approved interim dividend of N10 per share reinforces Presco’s commitment to delivering consistent shareholder returns. Presco Plc has 1,166,666,667 shares outstanding, which means that the company will pay about N11.6billion as interim dividend.
At N2,070 per share, the share price of Presco Plc has risen this year by 42.76 percent. The stock nears its 52-week high of N2,315.4 as against 52-week low of N1,425.
The company’s half-year PBT growth was supported by a 31.9 percent reduction in finance costs and disciplined cost management. The
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