JOHN HOLT PLC |
UNAUDITED 2025/2026 RESULTS |
OCTOBER 2025 TO MARCH 2026 |
JOHN HOLT PLC |
UNAUDITED 2025/2026 RESULTS |
CONDENSED STATEMENT OF PROFIT OR LOSS |
FOR THE PERIOD ENDED 31 MARCH 2026 |
GROUP | ||
MARCH | MARCH | |
2026 | 2025 | % |
N'm | N'm | CHANGE |
COMPANY | ||
MARCH | MARCH | |
2026 | 2025 | % |
N'm | N'm | CHANGE |
GROUP | ||
QTR 2 | QTR 2 | |
2026 | 2025 | % |
N'm | N'm | CHANGE |
COMPANY | ||
QTR 2 | QTR 2 | |
2026 | 2025 | % |
N'm | N'm | CHANGE |
Notes
Revenue | 1 | 1,276 | 565 | 126 |
1,271 | 564 | 125 |
857 | 250 | 243 |
0 | 0 | #DIV/0! |
-950 | -404 | -135 |
-949 | -403 | -136 |
-706 | -184 | -284 |
-707 | -183 | -287 |
326 | 162 | 102 |
322 | 162 | 99 |
151 | 67 | 127 |
-707 | -183 | -287 |
Cost of sales Gross profit
102 | 4 | 2,225 |
102 | 4 | 2,225 |
-1 | 3 | -127 |
-1 | 3 | -127 |
Other operating income
79 | 72 | 10 |
79 | 72 | 10 |
65 | -41 | 260 |
65 | -41 | 260 |
Exchange (loss)/gain
-104 | -98 | -7 |
-104 | -97 | -7 |
-33 | -48 | 32 |
-33 | -48 | 31 |
Distribution expenses
-221 | -209 | -6 |
-220 | -209 | -5 |
-87 | -107 | 19 |
-87 | -107 | 19 |
183 | -69 | 366 |
180 | -68 | 366 |
97 | -127 | 176 |
-761 | -375 | -103 |
Administrative expenses Profit/(loss) from operating activities
-120 | -94 | -28 |
-120 | -94 | -28 |
-69 | -45 | -54 |
-69 | -45 | -54 |
Finance costs
63 | -162 | 139 |
60 | -161 | 137 |
28 | -171 | 116 |
-830 | -420 | -98 |
Profit/(Loss) before taxation
-7 | -3 | -138 |
-7 | -3 | -138 |
-6 | -1 | -354 |
-6 | -1 | -354 |
56 | -165 | 134 |
53 | -164 | 132 |
22 | -173 | 113 |
-836 | -421 | -98 |
56 | -165 | 134 |
53 | -164 | 132 |
22 | -173 | 113 |
-836 | -421 | -98 |
Taxation charge Profit/(Loss) after taxation
14.3 | -42.4 | 134 |
13.5 | -42.2 | 132 |
5.6 | -44.4 | 113 |
-214.9 | -108.3 | -98 |
Total comprehensive income transferred to retained earnings Earnings/(Loss) per share -Basic (in kobo)
14.3 | -42.4 | 134 |
13.5 | -42.2 | 132 |
5.6 | -44.4 | 113 |
-214.9 | -108.3 | -98 |
Earnings/(Loss) per share -diluted (in kobo)
JOHN HOLT PLC |
UNAUDITED 2025/2026 RESULTS |
STATEMENT OF OTHER COMPREHENSIVE INCOME |
FOR THE PERIOD ENDED 31 MARCH 2026 |
GROUP | |
SEPT | SEPT |
2025 | 2024 |
N'm | N'm |
COMPANY | |
SEPT | SEPT |
2025 | 2024 |
N'm | N'm |
GROUP | |
QTR 4 | QTR 4 |
2025 | 2024 |
N'm | N'm |
COMPANY | |
QTR 4 | QTR 4 |
2025 | 2024 |
N'm | N'm |
Profit/(loss) after taxation | 1 | 56 | -165 |
53 | -164 |
22 | -173 | -836 | -421 |
Items that will not be reclassified to profit or loss |
in subsequent periods. |
Net surplus on revaluation of properties |
Items that may be reclassified subsequently |
Net change in fair value during the period |
Changes in allowance for expected credit losses |
Net gain/(losses) on financial investments at fair |
value through other comprehensive income |
Other comprehensive income/(loss) for the |
period, net of tax |
Total comprehensive income/(loss) for the |
period, net of tax |
53 | -164 |
-173 -836 | -421 |
56 -165 | 22 |
Items that will be reclassified to profit or loss |
in subsequent periods. |
JOHN HOLT PLC |
UNAUDITED 2025/2026 RESULTS |
GROUP STATEMENT OF FINANCIAL POSITION |
FOR THE PERIOD ENDED 31 MARCH 2026 |
7,699 | 7,708 | -0 |
4,556 | 4,565 | -0 |
Current assets | ||||
Inventories | 2 | 283 | 211 | 34 |
Trade and other receivables | 3 | 1,470 | 1,456 | 1 |
Prepayments | 110 | 129 | -15 | |
Cash and cash equivalents | 5 | 1,700 | 236 | 620 |
3,563 | 2,032 | 75 |
283 | 211 | 34 |
1,470 | 1,456 | 1 |
110 | 129 | -15 |
1,700 | 236 | 620 |
3,563 | 2,032 | 75 |
Current liabilities | ||||
Trade and other payables | 4 | 3,682 | 2,287 | -61 |
Due to related parties | 24 | 0 | 0 | |
Bank overdraft | 0 | 0 | 0 | |
Loans and borrowings | 898 | 745 | -21 | |
Taxation payable | 176 | 170 | -4 | |
Employee's benefit | 86 | 76 | -13 |
3,507 | 2,219 | -58 |
24 | 0 | 0 |
0 | 0 | 0 |
898 | 745 | -21 |
98 | 92 | -7 |
86 | 76 | -13 |
4,867 | 3,278 | 48 |
4,614 | 3,132 | 47 |
GROUP | ||
MARCH | SEPTEMBER | |
2026 | 2025 | % |
N'm | N'm | CHANGE |
241 | 262 | -8 |
7,270 | 7,259 | 0 |
0 | 0 | 0 |
187 | 187 | 0 |
COMPANY | ||
MARCH | SEPTEMBER | |
2026 | 2025 | % |
N'm | N'm | CHANGE |
Notes |
7 |
8 |
Non current assets |
Property, plant and equipment |
Investment properties |
Investment subsidiaries |
Available for sale financial assets |
241 | 262 | -8 |
4,112 | 4,101 | 0 |
15 | 15 | 0 |
187 | 187 | 0 |
-1,304 | -1,246 | 5 |
-1,051 | -1,100 | -4 |
Net current liabilities Non-current liabilities
Deferred taxation |
Loans and borrowings |
Due to related parties |
285 | 285 | 0 |
0 | 39 | 100 |
788 | 872 | 10 |
0 | 0 | 0 |
0 | 39 | 100 |
788 | 762 | -3 |
5,322 | 5,266 | 1 |
2,717 | 2,664 | 2 |
Net assets
Capital and reserves |
Share capital |
Property revaluation reserve |
Revenue reserve |
Shareholders' funds |
195 | 195 | 0 |
0 | 0 | 0 |
5,127 | 5,071 | 1 |
5,322 | 5,266 | 1 |
195 | 195 | 0 |
0 | 0 | 0 |
2,522 | 2,469 | 2 |
2,717 | 2,664 | 2 |
This account was approved on 27th of April, 2026
Dr. C. Ezeh | |
FRC/2017/IODN/00000016475 | Group Managing Director |
Mr. Adeche Okeje | |
FRC/2013/ICAN/00000005141 | Chief Finance Officer |
JOHN HOLT PLC | |||||
UNAUDITED 2025/2026 RESULTS | |||||
STATEMENT OF CHANGES IN EQUITY | |||||
FOR THE PERIOD ENDED 31 MARCH 2026 | |||||
GROUP | |||||
Issued share capital | Available for sale reserve | Revaluation reserve | Reserve on acturial valuation of defined benefit plan | Revenue reserve | Total equity |
N'm | N'm | N'm | N'm | N'm | N'm |
COMPANY | |||||
Issued share capital | Available for sale reserve | Revaluatio n reserve | Reserve on acturial valuation of defined benefit plan | Revenue reserve | Total equity |
N'm | N'm | N'm | N'm | N'm | N'm |
At 1 October 2025 | 195 | - | - | - | 5,071 | 5,266 |
Profit/(Loss) | 56 | 56 | ||||
Other comprehensive income | - | |||||
Deficit on revaluation of property | - | |||||
Depreciation written back on revaluation of property | - |
195 | - | - | - | 2,469 | 2,664 |
53 | 53 | ||||
- | |||||
- | |||||
- |
Total comprehensive (loss)/income for the year | 195 | - | - | - | 5,127 | 5,322 |
195 | - | - | - | 2,522 | 2,717 |
Contributions by and distributions to owners: |
Dividends paid |
- -
Total contributions by and distributions to owners | - | - | - | - | - | - |
- | - | - | - | - | - |
At 31 March 2026 | 195 | - | - | - | 5,127 | 5,322 |
195 | - | - | - | 2,522 | 2,717 |
At 1 October 2024 | 195 | - | 1,397 | - | 3,205 | 4,797 |
Profit/(Loss) | (165) | (165) | ||||
Other comprehensive income | - | |||||
Surplus on revaluation of property | - | - | ||||
Depreciation written back on revaluation of property | - |
195 | - | 620 | - | 1,696 | 2,511 |
(164) | (164) | ||||
- | |||||
- | - | ||||
- |
Total comprehensive (loss)/income for the year | 195 | - | 1,397 | - | 3,040 | 4,632 |
195 | - | 620 | - | 1,532 | 2,347 |
Contributions by and distributions to owners: |
Dividends paid |
- -
Total contributions by and distributions to owners | - | - | - | - | - | - |
- | - | - | - | - | - |
At 31 March 2025 | 195 | - | 1,397 | - | 3,040 | 4,632 |
195 | - | 620 | - | 1,532 | 2,347 |
JOHN HOLT PLC |
UNAUDITED 2025/2026 RESULTS |
GROUP STATEMENT OF CASH FLOWS |
FOR THE PERIOD ENDED 31 MARCH 2026 |
GROUP | ||
MARCH | MARCH | |
2026 | 2025 | % |
N'm | N'm | CHANGE |
1,259 | 642 | 96 |
COMPANY | ||
MARCH | MARCH | |
2026 | 2025 | % |
N'm | N'm | CHANGE |
Cash flows from operating activities |
Cash received from customers |
1,254 | 642 | 95 |
227 | -236 | 196 |
231 | -236 | 198 |
Cash paid to suppliers and employees
66 | 38 | -73 |
66 | 38 | -73 |
Input VAT
-68 | -39 | -74 |
-68 | -39 | -74 |
Output VAT
Income tax paid 6 3 113 0 6 3 0
Net cash provided by operating activities | 6 | 1,491 | 408 | -265 | - | 1,490 | 409 | -264 |
Cash flows from investing activities |
Purchase of fixed assets |
-21 | -37 | 43 |
-21 | -37 | 43 |
0 | 0 | 0 |
0 | 0 | 0 |
Proceeds from sale of fixed assets
-21 | -37 | 43 |
-21 | -37 | 0 |
Cash flows from financing activities |
Proceeds from/(Repayment) of loans and borrowings |
114 | -43 | -366 |
114 | -43 | -366 |
-120 | -94 | -28 |
-120 | -94 | -28 |
Finance cost
-6 | -137 | 96 |
-6 | -137 | 96 |
1,464 | 235 | -524 |
1,464 | 235 | -522 |
Net (decrease)/increase in cash and cash equivalents
236 | 22 | 973 |
236 | 22 | 973 |
Cash and cash equivalents at 1 October
Closing cash and cash equivalents | 5 | 1,700 | 257 | 562 |
1,700 | 257 | 561 |
JOHN HOLT PLC |
UNAUDITED 2025/2026 RESULTS |
FOR THE PERIOD ENDED 31 MARCH 2026 |
GROUP | |
QTR 2 | QTR 2 |
2026 | 2025 |
N'm | N'm |
GROUP MARCH | MARCH | COMPANY MARCH MARCH | ||
2026 | 2025 | 2026 2025 | ||
N'm | N'm | N'm N'm | ||
1,015 | 355 | 1,011 355 | ||
0 | 1 | 0 | 1 | |
261 | 209 | 260 208 | ||
1,276 | 565 | 1,271 564 | ||
NOTES
1 | Revenue |
Technical products and leasing services | |
Yamaha | |
Central |
724 | 143 |
0 | 1 |
133 | 106 |
857 | 250 |
2 | Inventory |
GROUP | |
31ST MAR | 30TH SEPT |
2026 | 2025 |
N'm | N'm |
COMPANY | |
31ST MAR | 30TH SEPT |
2026 | 2025 |
N'm | N'm |
Finished goods | 212 | 213 |
Spart parts | 12 | 12 |
Work- in- progress | 72 | 0 |
212 | 213 |
12 | 12 |
72 | 0 |
296 | 225 | 296 225 | |
-14 | -14 | -14 -14 | |
283 | 211 | 283 211 |
Impairment
3 | Trade and other receivables | N'm | N'm | N'm | N'm |
Trade receivables | 81 | 64 | 81 | 64 | |
Withholding tax receivable | 1,932 | 1,928 | 1,932 | 1,928 | |
Others | 115 | 121 | 115 | 121 | |
2,127 | 2,113 | 2,127 | 2,113 | ||
Provisions | -657 | -657 | -657 | -657 | |
1,470 | 1,456 | 1,470 | 1,456 |
4 | Trade and other payables | N'm | N'm | N'm | N'm |
Trade payables | 1 | 0 | 1 | 0 | |
Accruals and provisions | 1,508 | 1,424 | 1,333 | 1,356 | |
Deferred revenue | 2,173 | 863 | 2,173 | 863 | |
3,682 | 2,287 | 3,507 | 2,219 |
5 | Cash and cash equivalents |
As per statement of financial position |
GROUP | |
31ST MAR. | 31ST MAR. |
2026 | 2025 |
N'm | N'm |
1,700 | 257 |
COMPANY | |
31ST MAR. | 31ST MAR. |
2026 | 2025 |
N'm | N'm |
1,700 | 257 |
As per statement of cash flow | 1,700 | 257 | 1,700 257 |
6 | Reconciliation of net income to net cash generated by operating activities |
N'm | N'm |
56 | -165 |
N'm | N'm |
53 | -164 |
Profit/(loss) after tax
Adjustments to reconcile profit to net cash provided by operating activities | ||
Depreciation | 31 | 28 |
Interest paid | 120 | 94 |
Fair value gain on investment properties | 0 | |
31 | 28 |
120 | 94 |
0 |
Changes in assets and liabilities | ||
Decrease/(increase) in inventories | - 72 | 20 |
Decrease/(increase) in associates | 0 | 24 |
Decrease/(increase) in trade and other receivables | -14 | 0 |
Decrease/(increase) in prepayments | 19 | -12 |
Increase/(decrease) in trade and other payables | 1,395 | 464 |
Decrease/(increase) in amount due from related companies | 0 | 0 |
Increase/(decrease) in amount due to related companies | -60 | -65 |
Increase/(decrease) in taxation | 6 | 3 |
Increase/(decrease) in employee's benefits | 10 | 16 |
-72 | 20 |
0 | 24 |
-14 | 0 |
19 | -12 |
1,288 | 464 |
0 | 0 |
50 | -65 |
6 | 3 |
10 | 16 |
Net adjustment | 1,435 | 573 |
1,438 | 573 |
Net cash provided by operating activities | 1,491 | 408 | 1,490 409 |
JOHN HOLT PLC |
UNAUDITED 2025/2026 RESULTS |
FOR THE PERIOD ENDED 31 MARCH 2026 |
NOTES |
7. Property, plant and equipment |
GROUP |
LEASEHOLD | LEASEHOLD | ASSETS LEASED | MOTOR VEH. | COMPUTERS & | COMPUTER | FURNITURE | PLANT & | AIRCONS | ASSET WORK | TOTAL | ||
LAND | BUILDING | TO CLIENTS | & VESSELS | TELECOM EQUIP | SOFTWARE | & FITTINGS | EQUIPT | IN PROGRESS | ||||
Cost | N'm | N'm | N'm | N'm | N'm | N'm | N'm | N'm | N'm | N'm | N'm | |
Opening | 11 | 310 | 36 | 27 | 46 | 370 | 35 | 55 | 890 | |||
Additions | 8 | 2 | 10 | |||||||||
Reclassifications | 0 | |||||||||||
Revaluation surplus | 0 | |||||||||||
Disposal | ||||||||||||
Closing | - | - | 11 | 310 | 44 | 27 | 48 | 370 | 35 | 55 | 900 | |
Depreciation | ||||||||||||
Opening | 8 | 250 | 33 | 4 | 23 | 278 | 32 | 0 | 628 | |||
Additions | 1 | 18 | 1 | 1 | 2 | 7 | 1 | 0 | 31 | |||
Reclassifications | 0 | |||||||||||
Revaluation | 0 | |||||||||||
Disposal | 0 | |||||||||||
Closing | 0 | 0 | 9 | 268 | 34 | 5 | 25 | 285 | 33 | 0 | 659 | |
Closing NBV | 0 | 0 | 2 | 42 | 10 | 22 | 23 | 85 | 2 | 55 | 241 | |
Opening NBV | 0 | 0 | 3 | 60 | 3 | 23 | 23 | 92 | 3 | 55 | 262 |
7. Property, plant and equipment |
COMPANY |
LEASEHOLD | LEASEHOLD | ASSETS LEASED | MOTOR VEH. | COMPUTERS & | COMPUTER | FURNITURE | PLANT & | AIRCONS | ASSET WORK | TOTAL | ||
LAND | BUILDING | TO CLIENTS | & VESSELS | TELECOM EQUIP | SOFTWARE | & FITTINGS | EQUIPT | IN PROGRESS | ||||
Cost | N'm | N'm | N'm | N'm | N'm | N'm | N'm | N'm | N'm | N'm | N'm | |
Opening | 10 | 310 | 36 | 27 | 43 | 364 | 34 | 55 | 879 | |||
Additions | 8 | 2 | 10 | |||||||||
Reclassifications | 0 | |||||||||||
Revaluation surplus | 0 | |||||||||||
Disposal | ||||||||||||
Closing | - | - | 10 | 310 | 44 | 27 | 45 | 364 | 34 | 55 | 889 | |
Depreciation | ||||||||||||
Opening | 8 | 250 | 33 | 4 | 20 | 272 | 31 | 617 | ||||
Additions | 1 | 18 | 1 | 1 | 2 | 7 | 1 | 31 | ||||
Reclassifications | 0 | |||||||||||
Revaluation | 0 | |||||||||||
Disposal | 0 | |||||||||||
Closing | 0 | 0 | 9 | 268 | 34 | 5 | 22 | 278 | 31 | 0 | 648 | |
Closing NBV | 0 | 0 | 1 | 42 | 10 | 22 | 23 | 86 | 3 | 55 | 241 | |
Opening NBV | 0 | 0 | 2 | 60 | 3 | 23 | 23 | 93 | 4 | 55 | 262 |
8. Investment properties |
Opening |
Additions |
Reclassifications |
Fair value gain |
Disposal |
Closing |
GROUP | COMPANY | ||
3IST DEC | 30TH SEPT | 3IST DEC | 30TH SEPT |
2025 | 2025 | 2025 | 2025 |
N'm | N'm | N'm | N'm |
7,259 | 4,350 | 4,101 | 2,962 |
11 | 0 | 11 | 0 |
0 | 2,387 | 0 | 844 |
0 | 522 | 0 | 295 |
0 | 0 | 0 | 0 |
7,270 | 7,259 | 4,112 | 4,101 |
These accounts are not audited.
The company prepares this report quarterly.
FREE FLOAT COMPUTATION
Company Name: John Holt Plc Reporting Period March 31, 2026 Share Price at end of Reporting Period 17.15 Issued Share Capital 389,151,412 Share Capital (N) 194,575,706 Shareholding Structure/ Free Float StatusDescription | 31-Mar-26 | |
Unit | Percentage | |
Issued Share Capital | 389,151,412 | 100% |
Substantial Shareholding (5% and above) | ||
JOHN HOLT & COMPANY(LIVERPOOL) LIMITED | 200,244,245 | 51.46 |
Total Substantial Shareholding | 200,244,245 | 51.46 |
Director's Shareholdings (Direct and indirect) excluding directors with substantial interests | ||
CHRISTOPHER IFESONACHI EZEH | 2,213,835 | 0.57 |
DAVID GEORGE PARMLEY | - | - |
CHIEF DR. CHRISTOPHER IKECHI EZEH | 3,591,604 | 0.92 |
CRAIN NIGERIA LIMITED (CHIEF DR. CHRISTOPHER IKECHI EZEH) | 551,142 | 0.14 |
MR. ADECHE BOYI OKEJE | 54,030 | 0.01 |
MR. ADIM JIBUNOH | - | - |
Total Directors' Shareholding | 6,410,611 | 1.65 |
Other Influential Shareholding | ||
Government Shareholding | 203,480 | 0.05 |
Free Float in Units and Percentage | 182,293,076 | 46.84 |
Total | 389,151,412 | 100 |
Declaration: |
(A) John Holt Plc with a free float percentage of 46.84% as at 31st March 2026, is compliant Board. |
31-Mar-25 | |
Unit | Percentage |
389,151,412 | 100% |
200,244,245 | 51.46 |
200,244,245 | 51.46 |
2,213,835 | 0.57 |
- | - |
3,591,604 | 0.92 |
551,142 | 0.14 |
54,030 | 0.01 |
- | - |
6,410,611 | 1.65 |
203,480 | 0.05 |
182,293,076 | 46.84 |
389,151,412 | 100 |
with The Exchange's free float requirements for companies listed on the Main