Power company records N39bn revenue in nine months

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Geregu Power Plc, the first and only power generating company to list on the Nigerian Exchange Limited, has displayed its adherence to post-listing obligations by filing its nine months results ended September 30, 2022.

The power generating firm ended the period under review with higher total assets of N171bn, up from N115bn in 2021.

The disclosure of nine months financial results ended September 30, 2022 exudes the high level of corporate governance and adherence to post-listing obligations as the company has filed its nine months. He said, “Listing on the Main Board of the Exchange will ensure that the long-term growth of the company is assured and its benefits will be passed on to our esteemed shareholders.”

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