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GTCO reports N603.03bn first-half profit and declares N1 dividend

The result presents a mixed market picture: one outlet reports a slight year-on-year profit rise, while another links lower first-half profit to a share-price fall.

  • businessday.ng
  • nairametrics.com
  • Businessday NG
3 pieces from 3 outlets · 28 Sept 2026 – 30 Sept 2026

How the outlets covered it

GTCO reported N603.03 billion in pre-tax profit for the first half and declared an interim dividend of N1 per share. The figures put the company’s earnings and shareholder payment at the centre of its first-half update.

The accounts differ on the profit trend. nairametrics.com says H1 2026 pre-tax profit edged up 0.35% from a year earlier. Businessday NG, by contrast, says shares fell 3.3% to N132.50 after GTCO reported lower first-half profit. That contrast leaves readers with both the small year-on-year increase and a report of a negative market reaction.

businessday.ng, the earliest outlet, leads with the earnings and interim dividend. nairametrics.com gives the year-on-year comparison. Businessday NG has the share-price move and its account of the lower-profit report.

Coverage

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