John Holt Plc has released its unaudited financial results for the year ended December 31, 2025, showing robust financial health, with group net assets rising to ₦5.299 billion from ₦5.265 billion in September 2025.
The financial statements were approved in January and signed by Group Managing Director Dr C. Ezeh and Chief Finance Officer Mr Adeche Okeje.
The diversified conglomerate demonstrated resilience in its operations, with cash received from customers reaching ₦356 million in December 2025, although this represented a 10% decline from ₦394 million in the corresponding period of 2024, as contained in the financial statements released on Wednesday.
News.ng reports that the company’s cash and cash equivalents stood at ₦253 million as of December 2025, up from ₦236 million in September 2025.
Net cash provided by operating activities totalled ₦150 million in December 2025, a significant 73% increase compared to ₦86 million in December 2024, indicating improved operational efficiency and cash generation capability.
In addition, the company’s investment property portfolio remains substantial at ₦7.259 billion, unchanged from the previous quarter, representing the largest component of the group’s non-current assets, which totalled ₦7.708 billion.
On the liability side, John Holt maintained a healthy balance sheet, with current liabilities of ₦3.550 billion and non-current liabilities of ₦833 million, resulting in net current liabilities of ₦1.291 billion.
The company’s shareholders’ funds stood at ₦5.299 billion, comprising share capital of ₦195 million, property revaluation reserve of nil, and revenue reserves of ₦5.104 billion.
