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C&I Leasing Plc (CILEASING) has released its unaudited Q2-25 results, reporting a 33.8% year-on-year increase in profit after tax (PAT) to NGN648.78 million.
The company’s strong performance was driven by robust topline growth and significant margin expansion.
C&I Leasing’s gross earnings rose by 15.4% year-on-year in Q2-25, supported by strong growth across core income segments, including lease income, net outsourcing income, and net tracking income.
The company’s international operations, particularly in Ghana and the UAE, contributed to the growth.
The company’s operating leverage improved markedly, with EBITDA and EBIT margins expanding by 21.56 percentage points and 15.81 percentage points year-on-year, respectively. This reflected both topline growth and cost discipline.
Despite elevated finance costs, C&I Leasing’s profit before tax rose by 29.0% year-on-year to NGN715.51 million, while PAT grew by 33.8% year-on-year to NGN648.78 million.
The company’s earnings outlook remains constructive, driven by momentum in gross earnings and margin resilience. However, elevated finance costs may weigh on the pace of bottom-line growth in subsequent quarters.
