{
  "id": 14482735,
  "title": "FTN Cocoa revenue surges 310% to N5.65 billion in 2025 amid high production costs",
  "url": "https://urgent.news/2026/10/14/ftn-cocoa-revenue-surges-310-to-n5-65-billion-in-2025-amid-high",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-14T14:49:28.000Z",
  "source": {
    "name": "Nairametrics",
    "slug": "nairametrics",
    "url": "https://nairametrics.com/2026/10/14/ftn-cocoa-revenue-surges-310-to-n5-65-billion-in-2025-amid-high-production-costs/"
  },
  "original_language": "en",
  "account": "FTN Cocoa Processors Plc has announced a staggering surge in revenue by 310.5% to N5.65 billion in 2025, following a much weaker figure of N1.38 billion in 2024. Despite this positive top-line growth, the company reported a substantial loss before tax of N273.40 million, a significant improvement from the N10.62 billion loss sustained in the previous year. The financial woes persist as high production costs, low factory utilization, and finance expenses continue to drag on profitability. Nevertheless, a foreign exchange gain of N1.84 billion in 2025 contrasted with an N11.68 billion loss in the previous year, significantly contributing to the company's improved operating performance, lifting it from a N10.31 billion operating loss to a N304.72 million operating profit.",
  "summary": "FTN Cocoa Processors Plc has released its 2025 financial statements, recording a sharp increase in revenue for the year ended December 31, 2025, with sales rising 310.5% to N5.65 billion from N1.38 billion in 2024. The post FTN Cocoa revenue surges 310% to N5.65 billion in 2025 amid high production costs appeared first on Nairametrics .",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}