{"id":7024,"date":"2026-11-03T00:45:47","date_gmt":"2026-11-03T00:45:47","guid":{"rendered":"https:\/\/globalnigerianews.com\/index.php\/2026\/11\/03\/eterna-revenue-hits-n365bn-as-earnings-rise\/"},"modified":"2026-11-03T00:45:47","modified_gmt":"2026-11-03T00:45:47","slug":"eterna-revenue-hits-n365bn-as-earnings-rise","status":"publish","type":"post","link":"https:\/\/globalnigerianews.com\/index.php\/2026\/11\/03\/eterna-revenue-hits-n365bn-as-earnings-rise\/","title":{"rendered":"Eterna revenue hits N365bn as earnings rise"},"content":{"rendered":"<div readability=\"69.102521008403\">\n<p>Eterna Plc has reported a 71.7 per cent increase in revenue to N365.56bn for the nine months ended 30 September, 2026, compared with N212.84bn recorded in the corresponding period of 2025.\n<\/p>\n<p>The company\u2019s unaudited consolidated financial results for the third quarter and nine months of 2026 also showed significant growth in gross profit, operating profit and earnings.\n<\/p>\n<p>Gross profit rose to N23.33bn from N9.94bn, while operating profit increased to N11.19bn from N3.19bn.\n<\/p>\n<p>Profit before tax climbed to N10.28bn, compared with N1.40bn in the corresponding period of 2025. Profit after tax also rose to N7.34bn from N325.88m, while basic earnings per share increased to N3.36 from N0.25.<\/p>\n<p>Eterna\u2019s consolidated total assets stood at N114.19bn as of September 30, 2026, compared with N92.19bn at December 31, 2025. Total equity also increased to N32.99bn from N7.77bn over the same period. <\/p>\n<div class=\"read-also\">\n<header>Related News<\/header>\n<\/p><\/div>\n<p>Commenting on the results, the Managing Director and Chief Executive Officer, Dr Jude Nwaulune, said the company remained focused on improving operational performance, maintaining financial discipline and delivering sustainable value.\n<\/p>\n<p>\u201cOur Q3 YTD results reflect the progress we are making in building a stronger and more resilient Eterna. We remain committed to driving efficiency across our operations, pursuing opportunities for growth and creating long-term value for our shareholders and stakeholders,\u201d he said.<\/p>\n<p>Eterna Plc operates across the fuels, lubricants and gas segments, with initiatives focused on strengthening distribution, improving customer experience and sustaining growth across its businesses.\n                    <\/p>\n<\/div>\n<div readability=\"14.852589641434\">\n<p> All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from PUNCH.<\/p>\n<p class=\"contact\">Contact: <a href=\"\/cdn-cgi\/l\/email-protection#b4c0dcd1d1d0ddc0dbc6f4c4c1dad7dcdad39ad7dbd9\"> <span class=\"__cf_email__\" data-cfemail=\"46322e2323222f32293406363328252e28216825292b\">[email\u00a0protected]<\/span> <\/a> <\/p>\n<\/p><\/div>\n<p>Source: <\/p>\n<div class=\"nSourse\">Punch Newspapers &#8211; Latest News<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Eterna Plc has reported a 71.7 per cent increase in revenue to N365.56bn for the nine months ended 30 September, 2026, compared with N212.84bn recorded in the corresponding period of&hellip; <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[],"class_list":["post-7024","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/posts\/7024","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/comments?post=7024"}],"version-history":[{"count":0,"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/posts\/7024\/revisions"}],"wp:attachment":[{"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/media?parent=7024"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/categories?post=7024"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/tags?post=7024"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}