News
Earnings
OIL AND GAS
Aradel Holdings H1 Revenue Surges 577% to N2.49 Trillion as Profit Hits N191 Billion
Investors King
Aug 3, 2026 · 09:02 WAT
Aradel Holdings reported first-half 2026 revenue of N2.49 trillion, representing a 577% increase, while profit after tax reached N191.04 billion. The company attributed the performance to higher crude oil and gas production, stronger realised energy prices and increased operating activity during the six months ended June 30, 2026.