Guinness Nigeria Plc has reported a profit before tax of N15.8 billion for the quarter ended September 30, 2025 – representing an astonishing 315.49% surge from the N3.8 billion recorded in the same period of 2023.
This strong performance has lifted the company’s 15-month pretax profit to N43.7 billion, marking a sharp rebound from a N73.6 billion loss previously. The recovery was powered by robust revenue growth, higher sales volumes, and operational efficiency in its core markets.
Revenue for the quarter rose to N98.06 billion, up 64.72% year-on-year, while turnover for the 15-month period reached N594.6 billion. The company’s domestic market accounted for N585.6 billion, reflecting strong consumer demand, while export sales contributed N9.02 billion.
Though the cost of sales increased by 49.11% to N61.7 billion, gross profit doubled to N36.3 billion, showing improved pricing and efficiency strategies.
Operating profit also rose significantly – N16.4 billion, compared to N7.8 billion in the previous year- despite higher administrative and marketing costs.
Finance expenses stood at N6.0 billion, offset by N5.3 billion in finance income, leaving a modest net finance cost of N616 million, which barely impacted profitability. Ultimately, net profit jumped 288.26% to N10 billion, underscoring Guinness Nigeria’s impressive turnaround in 2025.
CLICK to Dicover Financial Performance of Great Nigeria Plc: https://stakebridgeirpr.com/media/2025/10/24/great-nigeria-insurance-rebounds-with-n2bn-profit-in-2023/
On the balance sheet, total assets grew to N245.9 billion (+8.78%), while total equity strengthened to N28.4 billion from N2.1 billion. Retained earnings, though still negative at N20 billion, showed a notable recovery from N46.3 billion previously. Total liabilities eased slightly to N217.5 billion, with trade and other payables accounting for the majority at N146.9 billion.
At the close of trading on October 22, 2025, Guinness Nigeria’s share price climbed to N183.8, up 161.57% on the Nigerian Exchange (NGX), reflecting growing investor optimism around the brewer’s financial rebound and growth outlook.
This performance cements Guinness Nigeria’s position as one of the standout performers in Nigeria’s consumer goods sector, reaffirming investor confidence amid the country’s challenging economic climate.
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