CWG Plc Reports N7.8 Billion Pre-Tax Profit And Declares Higher Dividend As Digital Services Demand Surges

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Computer Warehouse Group (CWG) Plc

Pan-African technology services provider Computer Warehouse Group (CWG) Plc has posted strong financial results for the 2025 fiscal year, reporting a pre-tax profit of ₦7.8 billion, reflecting a sharp year-on-year increase driven by rising demand for enterprise technology and digital transformation solutions.

The company’s audited financial statement shows that profit before tax rose by more than three-quarters compared with the previous year, while revenue climbed to ₦65.5 billion, highlighting sustained investment by banks, corporates, and public institutions in IT infrastructure and automation across key African markets.

Brandspur Tech News Desk reports that the board of directors has approved a final dividend of 70 kobo per share for shareholders, representing a significant increase from the prior year’s payout and reinforcing investor confidence in the company’s long-term growth trajectory.

CWG’s performance was largely supported by its core business segments. The IT infrastructure division generated the highest contribution to revenue as organisations continued to upgrade hardware systems, expand data centres, and modernise legacy technology platforms to meet evolving digital requirements.

Software solutions also delivered strong results, with enterprise clients accelerating adoption of automation, cloud-based platforms, and business management applications to improve operational efficiency and remain competitive in a challenging economic environment.

Also read: https://brandspurng.com/2026/03/26/meta-cuts-hundreds-of-jobs-as-company-redirects-billions-toward-artificial-intelligence-expansion/

Meanwhile, the company’s managed support services segment provided a stable income stream through long-term maintenance contracts and technical support agreements, underscoring the growing reliance of businesses on outsourced IT expertise.

Despite the revenue surge, CWG navigated a difficult operating environment marked by inflationary pressures, currency volatility, and rising administrative costs. Staff expenses accounted for a substantial portion of operating expenditure, while the company also recorded foreign exchange losses during the year.

On a positive note, CWG benefited from lower finance costs and a significant increase in finance income, which helped offset some of the macroeconomic headwinds and supported overall profitability.

The company’s balance sheet strengthened during the year, with total assets rising to nearly ₦40 billion, supported by higher receivables and retained earnings that provide additional capacity for future expansion and strategic investments.

CWG’s shares have recorded gains on the Nigerian Exchange so far in 2026, and the announced dividend is expected to further enhance shareholder value as investors continue to show interest in technology firms positioned to benefit from Africa’s accelerating digital transformation.