Caverton Releases 2025 Audited Results: Mixed Performance as Losses Narrow but Revenue Declines

Caverton Offshore Support Group Plc has released its audited 2025 financial statements, reporting a pre-tax loss of N13.87 billion, a significant improvement from the N53.67 billion loss recorded in 2024. Loss after tax also narrowed to N13.89 billion, while loss per share improved from N16.00 to N4.11. ‎Despite the narrower losses, the company's revenue declined by 40% to N24.1 billion, reflecting weaker performance across most of its business segments. However, lower operating costs helped... Read more

  Economy   Jul 12, 2026   0   9  Add to Reading List
Caverton Releases 2025 Audited Results: Mixed Performance as Losses Narrow but Revenue Declines












Caverton Offshore Support Group Plc has released its audited 2025 financial statements, reporting a pre-tax loss of N13.87 billion, a significant improvement from the N53.67 billion loss recorded in 2024. Loss after tax also narrowed to N13.89 billion, while loss per share improved from N16.00 to N4.11.
‎Despite the narrower losses, the company's revenue declined by 40% to N24.1 billion, reflecting weaker performance across most of its business segments. However, lower operating costs helped...

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