C&I Leasing Plc recorded a pretax profit of N532.84 million in the first quarter of 2026, according to unaudited financial statements submitted to the Nigerian Exchange. The result represents a 9% increase compared to the same period in the previous year. Revenue performance and expense management contributed to the growth in profitability. The figures cover the three months ended March 31, 2026. The company attributed the improvement to operational efficiency and strategic financial positioning. No dividend was declared for the period. The full financial statements are available on the NGX website.
C&I Leasing reports profit growth while withholding dividends, leaving shareholders with gains on paper only. The 9% rise in pretax profit does not translate into direct returns for investors this quarter. Nigerians holding shares in the firm see no cash benefit despite the improved earnings. This outcome may prompt questions about distribution policy among retail investors.
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