Ikeja Hotels Plc delivered a strong earnings performance in the 2025 financial year, posting a profit before tax of N12.56 billion, a 47.3% increase from N8.54 billion recorded in 2024.
This marks a sustained improvement in profitability, supported by stronger hotel revenue, rising finance income, and the elimination of finance costs.
The performance was disclosed in the company’s unaudited financial statements filed with the Nigerian Exchange (NGX) on January 27, 2026.
The earnings momentum also reflected improved room occupancy, higher pricing, and stronger event-related activities across the group’s hotel portfolio.
Group revenue rose sharply to N25.84 billion in 2025 up from N18.75 billion a year earlier, driven largely by improved hotel operations.
Ikeja Hotels’ 2025 results show stronger earnings quality, driven mainly by core hotel operations rather than one-off gains.
On the NGX, Ikeja Hotels shares have declined about 15% year-to-date in 2026, after a strong rally in 2025 driven by earnings recovery.