Chemical and Allied Products (CAP) Q3 2026 Results

Chemical and Allied Products Plc (NGX: CAP) released its unaudited results for the nine months ended 30 September 2026, reporting revenue of ₦33.7 billion, an 11% increase from ₦30.3 billion recorded in the same period of 2025. Gross profit rose by 11% to ₦14.4 billion, while operating profit grew 21% to ₦5.8 billion.

Profit before tax came in at ₦6.6 billion, up 21% from ₦5.5 billion in 9M 2025. After accounting for an income tax expense of ₦2.5 billion, profit after tax stood at ₦4.1 billion, a 12% year-on-year increase.

Earnings per share for the nine-month period was 507 kobo, compared to 451 kobo in 9M 2025. For Q3 2026 alone, revenue was ₦11.3 billion, up 11% year-on-year, and profit before tax reached ₦2.2 billion, a 27% increase from Q3 2025.

On the balance sheet, total assets were ₦24.7 billion as at September 2026, while total liabilities declined 6% to ₦9.6 billion compared to December 2025. Shareholder equity stood at ₦15.1 billion, up 6% from ₦14.2 billion at year-end 2025.

Finance income grew 40% to ₦1.0 billion over the nine-month period.