CAP Plc Achieves 39% Profit Growth in Q3 2025 Amid Strong Sales Performance
CAP Plc, a Nigerian paint manufacturer, saw a 39% growth in profit in Q3 2025, with revenue rising by 28% to N30.27 billion. The company's operational profit surged by 68%, reaching N4.78 billion, attributed to robust demand for its paint products and improved cost management.
Bolarin Okunowo, the company's Managing Director, expressed satisfaction with the performance, highlighting a focus on operational efficiency and sustained profit growth. CAP Plc's cash position also strengthened, ending the period with N7.7 billion in cash and cash equivalents.
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