TotalEnergies Marketing Nigeria Plc is projecting a profit after tax of N543 million for the third quarter ending September 30, 2025.
Despite significant finance costs impacting overall profitability, the company expects substantial revenue and profits. Here’s a breakdown.
- Revenue: N177.1 billion
- Cost of Sales: N150.6 billion
- Gross Profit: N26.5 billion
- Operating Profit: N7.7 billion (after deducting selling and distribution costs of N3.6 billion and administrative expenses of N17.1 billion)
However, finance costs will significantly impact the bottom line, with interest expenses of N7.2 billion; Finance Income of N933 million and net Finance Cost*: N6.3 billion.
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Before tax, TotalEnergies anticipates a profit of N1.4 billion, with an income tax expense of N886 million.
The company’s cash flow projections indicate:
- Net Cash from Operating Activities: N19.1 billion
- Net Cash Outflow from Investing Activities: N1.6 billion
- Net Cash Outflow from Financing Activities: N27.1 billion
- Net Decrease in Cash and Cash Equivalents: N9.7 billion
This projection suggests that TotalEnergies is navigating a challenging financial landscape, but the company’s performance will depend on its ability to manage finance costs and maintain profitability.
