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Esgl Holdings Limited shares fall 3.20% intraday after reporting a 3.4% year-on-year revenue decrease in Nigeria.
ByAinvest
Tuesday, Aug 12, 2025 10:55 am ET1min read
Esgl Holdings Limited dropped 3.20% intraday, with the company reporting a 3.4% year-on-year decrease in second-quarter revenue to $260.4 million, primarily due to the devaluation of the Naira versus the U.S. dollar. This offset organic growth during the period, with organic revenue increasing by $28.0 million (10.4%) year-on-year, driven by foreign exchange resets and escalations.
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