Haldane McCall profit jumps 30% on asset expansion
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Punch Newspaper
Reported by Jide Ajia
Sun, 1 Nov 2026, 23:00
Photo courtesy of Punch Newspaper · Verified via News Stand NG
Source Attribution: Punch Newspaper
News Stand NG operates under ethical news aggregation guidelines. Source: Punch Newspaper. To read the unabridged investigative reporting and full gallery, visit the original publication.
Haldane McCall Plc has reported a 30.2 per cent increase in net profit to N540.87m for the nine months ended September 2026, driven by revenue expansion and increased investments in its property development portfolio. The real estate firm disclosed this in its latest financial results, revealing that revenue rose 59.4 per cent to N2.90bn from N1.82bn recorded in the corresponding period of 2025.
Context & Background
✦Reacting to the performance, an industry analyst noted, “Haldane McCall’s expanding asset base, 59.4 per cent revenue growth and 30.2 per cent increase in net profit are encouraging indicators of business expansion and earnings potential.
Key Figures & Named Entities
2026:Haldane McCall Plc has reported a 30.2 per cent increase in net profit to N540.87m for the nine months ended September 2026, driven by revenue expansion and increased investments in its property development portfolio.2025:The real estate firm disclosed this in its latest financial results, revealing that revenue rose 59.4 per cent to N2.90bn from N1.82bn recorded in the corresponding period of 2025.2025:Other operating income of N348.8m, compared with N3.29m in 2025, further bolstered operating performance.
Outlook & Next Steps
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Key Takeaways
Verified Extract
✦Haldane McCall Plc has reported a 30.2 per cent increase in net profit to N540.87m for the nine months ended September 2026, driven by revenue expansion and increased investments in its property development portfolio.
✦The real estate firm disclosed this in its latest financial results, revealing that revenue rose 59.4 per cent to N2.90bn from N1.82bn recorded in the corresponding period of 2025.
✦Reacting to the performance, an industry analyst noted, “Haldane McCall’s expanding asset base, 59.4 per cent revenue growth and 30.2 per cent increase in net profit are encouraging indicators of business expansion and earnings potential.
Key Facts:2026: Haldane McCall Plc has reported a 30.2 per cent increase in net profit to N540.87m for the nine months ended September 2026, driven by revenue expansion and increased investments in its property development portfolio.2025: The real estate firm disclosed this in its latest financial results, revealing that revenue rose 59.4 per cent to N2.90bn from N1.82bn recorded in the corresponding period of 2025.2025: Other operating income of N348.8m, compared with N3.29m in 2025, further bolstered operating performance.2025: However, cash flow statements highlight an intensive investment phase, with net cash used in operating activities reaching N5.95bn compared with N191.35m in 2025.
Editorial Excerpt
Haldane McCall Plc has reported a 30.2 per cent increase in net profit to N540.87m for the nine months ended September 2026, driven by revenue expansion
Frequently Asked Questions About This Story
What is the key takeaway from this report?
Haldane McCall Plc has reported a 30.2 per cent increase in net profit to N540.87m for the nine months ended September 2026, driven by revenue expansion and increased investments in its property development portfolio.
What additional context is highlighted in this report?
The real estate firm disclosed this in its latest financial results, revealing that revenue rose 59.4 per cent to N2.90bn from N1.82bn recorded in the corresponding period of 2025.
What timeline or key figures were confirmed?
Haldane McCall Plc has reported a 30.2 per cent increase in net profit to N540.87m for the nine months ended September 2026, driven by revenue expansion and increased investments in its property development portfolio.