The management of Zichis Agro-Allied Industries Plc has proposed a 20 kobo dividend and a one-for-one bonus issue for shareholders for the 2025 financial year.

The reward to shareholders came days after the management of the Nigerian Exchange Limited (NGX) suspended trading of the company’s shares.

The dividend and bonus reward is estimated at N120 million, about a 300 per cent increase over N30 million incurred in 2024.

The company announced its audited financial results for 2025, showcasing a substantial turnaround in profitability. The company reported a pre-tax profit of N364.21 million in 2025, a 420.8 per cent increase compared to the N69.93 million recorded in 2024.

This impressive performance was primarily driven by a strong expansion in revenue during the period.

The company’s full-year revenue surged to N675.6 million, a considerable leap from the N288.9 million reported in the previous year. Key contributors to the revenue growth included egg sales, which generated N226.7 million, and palm produce, which contributed N182.7 million.

Earnings per share (EPS) also saw a significant rise, climbing to 55 kobo from 9.45 kobo. The substantial earnings performance was fuelled by broad-based revenue growth across its major operating segments, with total revenue increasing by 133.79 per cent to N675.6 million in 2025.

The cost of sales also increased, reaching N212.81 million from N153.46 million. Egg-related costs accounted for 52.68per cent of this figure. Despite the increase in cost of sales, the company’s gross profit rose significantly to N462.8 million from N135.5 million previously reported.

The company’s balance sheet reflected the growth, with total assets expanding to N1.22 billion. Property, plant and equipment, valued at N741.3 million, constitute the largest portion of the assets.

Managing Director of the company, Anthonia Akabusi, in a recent forum, disclosed that the company aimed to expand its feedmill and acquire 2000 acres of land for oil palm plantation in Ogun state in the current financial year.

She pointed out that the company has commenced its 2026 execution plans.

“Zichis feed milling plant, which is one of our cash cows, has been increased to five tonnes per hour and we are estimating 600 tonnes every month. We are hoping it will be commissioned in the next two weeks in March 2026.”