…billion recorded in 2024, driven by increased passenger and cargo handling activities. Profit before tax rose sharply to N12.01 billion from N6.49 billion in the previous year, reflecting robust growth in earnings, while profit after tax stood at N9.74 billion. The improved profitability translated into stronger shareh…

…Share of profit from associates also rose 246% to N109.5 billion, further supporting pre-tax profit. Cost pressure remained visible as finance costs increased to N26.5 billion from N22.2 billion, while general and administrative expenses increased to N93.1 billion from N56.2 billion. The company also recorded non-recur…

…its financial results for the first quarter ended March 31, 2026, VFD Group reported a pre-tax profit of N5.1 billion. This represents an increase from the N4.1 billion recorded in the corresponding period of 2025. The performance was largely driven by stronger top-line income. Investment and related earnings rose to N…