Eterna Plc sees its winning formula maintained throughout 2025, even as its targeted full-year income was slightly lower compared to its earnings in the previous year.

Fourth-quarter net income of the downstream oil company is projected at N130.38 million, representing a 32.13 per cent fall from its earlier third-quarter forecast of N192.12 million, according to its filings on the Nigerian Exchange.

The company’s total profit for the second half of the year is projected to hit N322.5 million, a 43.79 percent decline from N573.81 million recorded in the first six months of the year.

According to its earnings forecasts, Eterna Plc expects profits to hit N1 billion by year end. This estimate indicates that the final quarter will contribute about 22 percent of the company’s annual gross profit, underscoring that the bulk of its performance was achieved in the earlier in the year.

Eterna Plc projects its fourth-quarter gross profit at N2.96 billion, bringing full-year earnings from core operations to N13.59 billion.

The projection indicates that the final quarter will contribute about 22 percent of the company’s annual gross profit, underscoring that the bulk of its performance was achieved in the earlier part of the year