By Simeon Shodimu
Zichis Agro Allied Industries Plc has released its 2025 financial results, revealing a dramatic rise in profitability driven by improved operational efficiency, expanded production capacity, and stronger market penetration. The agribusiness firm, which recently listed on the Nigerian Exchange (NGX), also used its Annual General Meeting in Abeokuta to outline ambitious expansion plans, including large-scale land acquisition and capital raising to deepen its footprint in Nigeria’s agricultural value chain.
Zichis Agro Allied Industries Plc has posted a remarkable financial turnaround for the 2025 fiscal year, underscoring its rapid evolution into one of Nigeria’s fast-growing agro-allied companies.
The company’s profit after tax surged by 478 per cent to ₦328.06 million, while revenue rose by 134 per cent from ₦288.99 million in 2024 to ₦675.62 million in 2025. Profit before tax also climbed sharply by 405 per cent to ₦364.21 million, reflecting improved operational efficiency across its integrated agribusiness operations.
Presenting the results at the company’s third Annual General Meeting held in Abeokuta, Ogun State, Chairman Hezekiah Adejoh described 2025 as a defining year for the organisation. He highlighted the company’s successful listing on the Nigerian Exchange in January 2026 as a key milestone that strengthened transparency and improved investor confidence.
Despite inflationary pressures and foreign exchange volatility, the company attributed its strong performance to expanded production capacity and deeper market penetration across its farming and agro-processing segments.
To reward shareholders, the board approved a final dividend of ₦0.20 per share alongside a bonus issue of one new share for every existing share, aimed at boosting investor value and improving liquidity on the NGX.
Looking ahead, shareholders endorsed an aggressive expansion plan for 2026, including a proposed ₦50 billion capital raise through equity and debt instruments. The company also secured approval to acquire 2,000 acres of land in Ogun State valued at ₦5.5 billion, to scale up plantation and processing operations.
Management noted that Nigeria’s growing agricultural deficit presents a major opportunity, particularly in palm oil, where domestic demand far exceeds supply. The firm estimates that Nigeria’s shortfall exceeds one million tonnes annually, creating a market gap it intends to target. It also plans to leverage rising demand for locally produced animal feed following import restrictions in the poultry sector.
Zichis Agro further disclosed its intention to issue up to ₦5 billion in commercial paper and pursue strategic acquisitions within the agro-industrial space. The board expressed confidence that its NGX listing provides a stronger platform for capital access and long-term growth.
The company has continued to attract investor attention since its market debut, with reports indicating strong stock performance and rising market confidence in its integrated agribusiness model.
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