Aradel reports N321.6 billion pre-tax profits, up 187% YoY Key highlights (2024 vs 2023 FY) Revenue: N581.022 billion +162.74% YoY Cost of sales: N261.213 billion +231.45% YoY Gross profit: N319.809 billion +124.69% YoY Gen & Admin expenses: N53.839 billion +164.37% YoY Operating profit: N297.474 billion +160.81% YoY Finance cost: N23.031 billion +96.44% YoY Profit after tax: N247.786 billion +361.10% YoY Earnings per share: N57.03 +361.03% YoY Cash and Cash Equivalents: N422.206 billion +116.94% YoY Total Assets: N1.745 trillion +88.96% YoY Retained Earnings: N384.035 billion +83.72% YoY Total Equity: N1.393 trillion +97.67% YoY