CWG Plc Posts 113% Profit Surge to N3.56 Billion in H1 2025
CWG Plc, a leading Nigerian information and communications technology (ICT) company, has announced remarkable financial results for the first half of 2025, showcasing a significant 113% year-on-year surge in its profit after tax to N3.56 billion. This outstanding achievement highlights the company’s strong strategic positioning within Africa’s rapidly expanding tech landscape. The impressive growth is attributed to a combination of escalating demand for digital solutions across the continent and the successful implementation of disciplined cost-control measures, reinforcing CWG’s market leadership.
A Closer Look at Revenue Drivers
The company’s robust profitability is underpinned by a substantial 65% increase in revenue, which climbed to N28.4 billion from N17.2 billion recorded in the same period in 2024. This powerful top-line growth demonstrates CWG’s ability to effectively capitalize on the digital economy. An analysis of the revenue sources reveals strong performances across its core business units. The IT infrastructure services division spearheaded this growth, contributing N12.1 billion. Furthermore, the managed and support services segment delivered a solid N8.3 billion, while the company’s software and platform business also played a vital role in the overall financial success.
These stellar H1 2025 figures underscore CWG Plc’s resilient business model and its capacity to thrive in a competitive market. By effectively meeting the technological needs of the modern economy, the company has not only achieved exceptional financial growth but has also solidified its role as a pivotal force in Africa’s ongoing digital transformation. The performance signals a strong outlook for the company as it continues to innovate and expand its footprint.
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