WorldStage– University Press Plc has projected a profit after tax of N424.3 million for its third quarter ending December 31, 2026.
According to the financial forecast submitted to the Nigerian Exchange (NGX), the publishing firm expects to generate N3.85 billion in revenue, alongside a cost of sales estimated at N1.71 billion. This projects a gross profit of N2.14 billion for the period.
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Financial Highlights
Revenue: N3,845,200,000
Gross Profit: N2,138,268,000
Operating Overheads: N1,550,649,000
Profit Before Tax: N642,230,000
Taxation: N217,932,000
Profit After Tax: N424,298,000
Cash Flow Outlook
In its cash flow forecast, University Press Plc expects net cash generated from operating activities to hit N151.66 million, supported by operational earnings and working capital adjustments.
Net cash used in investing activities is pegged at N22.98 million, incorporating N15.05 million for capital expenditure on property, plant, and equipment alongside N38.03 million in finance income. Dividend payments under financing activities are estimated at N77.65 million.
Overall, cash and cash equivalents are expected to rise by N96.98 million during the quarter, bringing closing cash reserves to N1.05 billion by the end of December 2026.
