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Analysis: Interest income supplies half of NASCON’s H1 2026 profit growth
Nairametrics
Aug 5, 2026 · 06:51 WAT
NASCON Allied Industries reported a 27.59% increase in pre-tax profit to N29.70 billion for the six months ended 30 June 2026, while earnings per share rose 25.74% to N14.51. The analysis attributes about half of profit growth to interest income, with improved efficiency and margins also contributing.