Similarly, the All-Share Index appreciated by 2.88 per cent, closing at 145,403.83 points, compared to 141,327.30 recorded on Tuesday.
The company’s cost of sales rose from ₦495 billion in 2024 to ₦627 billion in 2025.
Ikeja Hotel topped the losers, shedding 10 per cent, dropping N1.40 to close at N12.60. Learn Africa also fell by 10 per cent, losing 43k to settle at N3.87.
Sell-offs in MTN Nigeria, alongside tier-one banking stocks, on Tuesday shed 0
Consequently, the Nigerian Exchange Ltd. (NGX) market capitalisation gained N6 billion, or 0.01 per cent, to close at N56.227 trillion, up from N56.221 trillion.
The All-Share Index also fell 0.16, or 163 points, to settle at 99,630.51, compared to 99,793.71 recorded on Monday.
The market breadth closed slightly negative, with 18 laggards and 17 leaders on the exchange floor.
Skyway Aviation Handling Plc, NEM Insurance, FTN Cocoa Processors, Tantalizers, and Japaul Gold Group were among the top losers.
Specifically, the market capitalisation opened at N55,058 trillion and gained N467 billion or 0.84 per cent to close at N55,525 trillion.
Mr Hiemstra said that the company also desires to return its business to profitability while creating value for the shareholders.
