TANTALIZERS ASSURES SHAREHOLDERS OF SUSTAINED PROFITABILITY

Tantalizers Plc has reassured shareholders of its commitment to sustained profitability following a strong financial turnaround in 2025.

The quick-service restaurant chain reported a profit after tax of N72.7 million in 2025, reversing previous years’ losses, driven by revenue growth and strategic diversification into entertainment and fisheries.

Revenue rose 7.7% to N1.29 billion, supported by improved operations across company-owned and franchised outlets. The company also recorded significant asset growth to N13.3 billion, reflecting investments in new ventures.

Management highlighted debt reduction, including full repayment of a major loan, and successful capital raises as key to strengthening the balance sheet and positioning the business for long-term growth.

Shareholders were assured of continued focus on operational efficiency, innovation, and expansion to deliver consistent value amid Nigeria’s evolving economic landscape.