• Home  
  • Chams Holding Revenue Plunges 40.65% Q3: What Happened?
- Fundraising - Nigeria - Technology

Chams Holding Revenue Plunges 40.65% Q3: What Happened?

Featured image for Chams Holding Revenue Plunges 40.65% Q3: What Happened?

Chams Holding Sees Significant Revenue Dip in Q3 2025

Chams Holding, a prominent technology solutions provider, experienced a substantial downturn in revenue during the third quarter of 2025. The company’s revenue slumped by 40.65% quarter-on-quarter, falling from ₦6 billion in Q2 to ₦3.56 billion in Q3. This performance also represents a 25.78% decrease compared to the ₦4.8 billion generated during the same period in the previous year. Adding to the challenges, administrative expenses saw a 7.57% increase between the second and third quarters.

Performance Breakdown and Key Figures

Despite the considerable drop in revenue, Chams Holding managed to mitigate the impact on gross profit, recording a 12.65% decrease, suggesting improvements in operational efficiency. Notably, Chams Core emerged as a strong performer, generating ₦8 billion in revenue, a significant jump from the ₦4.8 billion recorded in the preceding quarter. However, this positive development was overshadowed by a substantial 69.72% decline in profit after tax compared to the previous quarter, highlighting the impact of the revenue slump.

Overall, Chams Holding has generated ₦13.45 billion in revenue year-to-date, a modest 2.47% increase from the ₦13.12 billion reported during the same period last year. While this year-to-date growth indicates the company’s ability to maintain positive momentum, the modest increase is a result of recent quarterly weakness tempering earlier gains.

Keywords

Related Keywords: Chams Holding revenue decline, Chams Holding financial performance, Chams Holding Q2 Q3 revenue, Chams Holding revenue drop, Chams Holding performance analysis, Chams Holding stock performance, Chams Holding business results, Chams Holding quarterly report, Chams Holding financial slump, Chams Holding revenue decrease

Leave a comment

Your email address will not be published. Required fields are marked *

About Us

Silicon Africa is Africa’s Oldest and Most trusted online tech magazine.

Email us: inbound@siliconafrica.com

Contact: +228 92105147

Empath  @2024. All Rights Reserved.