TotalEnergies Marketing Nigeria Plc has recorded a 26 per cent drop in revenue to ₦767.63 billion for the year ended December 31, 2025, down from ₦1.04 trillion in 2024.
The company disclosed this in its audited financial statements released on the Nigerian Exchange Ltd. on Monday.
Profit before tax recorded a loss of ₦12.46 billion in 2025, from a profit of ₦42.26 billion in the previous year.
Similarly, the company posted a loss after tax of ₦13.85 billion, compared with a profit of ₦27.50 billion in 2024.
Total comprehensive income also declined to a loss of ₦13.96 billion, from a gain of ₦27.49 billion recorded a year earlier.
Shareholders’ funds fell by 37 per cent to ₦47.54 billion, down from ₦75.08 billion, while share capital remained unchanged at ₦169.76 million.
Earnings per share dropped to a loss of 40.80 kobo, compared with earnings of 80.99 kobo in 2024.
The company’s share price declined by eight per cent to ₦640, from ₦698.00 in the previous year.
Staff strength eased slightly to 413 employees, from 420 recorded in 2024.
NAN