Chemical and Allied Products CAP H1 2026 Results
Chemical and Allied Products Plc (CAP) released its unaudited financial results for the half-year period ended 30 June 2026 on 28 July 2026. The filing discloses revenue, profit, and balance sheet figures covering both Q2 2026 and the full first half of the year.
CAP Plc reported revenue of ₦22.4 billion for the six months ended 30 June 2026, representing a 12% increase compared to ₦20.1 billion in H1 2025. Gross profit came in at ₦9.7 billion, up 11% year-on-year, with gross margin held steady at 43% in both periods.
Operating profit grew 20% to ₦3.8 billion from ₦3.2 billion in H1 2025, lifting the operating margin to 17% from 16%. Profit before tax rose 18% to ₦4.4 billion, while profit after tax increased 16% to ₦2.9 billion. Earnings per share for H1 2026 stood at 360 kobo, compared to 311 kobo in the same period of 2025.
On the balance sheet, total assets stood at ₦23.5 billion as at June 2026, down from ₦24.5 billion at December 2025. Total liabilities declined 6% to ₦9.6 billion, while equity was recorded at ₦13.9 billion. Selling and marketing expenses grew 15% to ₦2.4 billion in H1 2026, outpacing the 1% rise in administrative expenses. Net finance income for the half year was ₦637 million, up from ₦600 million in H1 2025.
