{
  "id": 17766338,
  "title": "Aradel’s 9M revenue hits N3.95 trillion, pre-tax profit rises 154%, declares interim dividend",
  "url": "https://urgent.news/2026/11/02/aradels-9m-revenue-hits-n3-95-trillion-pre-tax-profit-rises-154",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-02T07:28:00.000Z",
  "source": {
    "name": "Nairametrics",
    "slug": "nairametrics",
    "url": "https://nairametrics.com/2026/11/02/aradels-9m-revenue-hits-n3-95-trillion-pre-tax-profit-rises-154-declares-interim-dividend/"
  },
  "original_language": "en",
  "account": "Aradel Holdings Plc reported a remarkable surge in its financials for the nine months ending September 30, 2026, with consolidated revenue jumping 633% to N3.95 trillion from N538.81 billion, and pre-tax profit soaring by an impressive 154.3% to N764.71 billion. The company's operating profit expanded by an astonishing 832.4% to N1.56 trillion, while EBITDA reached N2.10 trillion, up significantly from N261.5 billion. Finance costs increased to N841.12 billion, but an interim dividend of N7.00 per share, totaling N30.4 billion, was declared, with payment scheduled for December 7, 2026.",
  "summary": "Aradel Holdings Plc reported a 154.3% increase in consolidated pre-tax profit to N764.71 billion for the nine months ended September 30, 2026, from N300.68 billion in the corresponding period of 2025, driven by stronger crude oil and gas operations. The post Aradel’s 9M revenue hits N3.95 trillion, pre-tax profit rises 154%, declares interim dividend 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."
}