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Mon, Aug 18, 2025
The Newsroom Ng
FY 2024: TotalEnergies records N27bn Profit
By emmanuel MALAGU
Managing Director, TotalEnergies Marketing Nigeria Plc, Samba Seye
TotalEnergies Marketing Nigeria Plc says it generated N27bn as Profit for the Financial Year ended December 31, 2024.
This is 133 per cent surge from N12bn recorded in 2023.
TotalEnergies disclosed this in its Audited Financial Statement posted as a Corporate Disclosure through the Nigerian Exchange Limited.
The Company also proposed a Dividend Payment of N13.6bn to Shareholders for 2024, translating to N40 Per Share.
This represents 60 per cent Increase when compared to the N25 Dividend in the previous year.
The Company’s Revenue in 2024 witnessed 64 per cent surge from N635.951bn in 2023 to N1.04trn in 2024.
Its Profit before Tax grew by 140 per cent from N17.580bn in 2023 to N42.255bn in 2024.
The Income rose from N12.920bn in 2023 to N27.491bn in 2024, a 113 per cent Increase.
The Share Capital remained the same at N169.761m for 2023 and 2024.
The Shareholders Fund grew by 34 per cent from N56.07bn in 2023 to N75.08bn in 2024.
Credit NAN: Texts excluding Headline
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