Champion Breweries' Profit Surges 97-Fold on Strong Sales, Reaching N2.05 Billion
Champion Breweries Plc reported a remarkable 97-fold increase in its profit to N2.05 billion for the nine-month period ending September 30, 2025, compared to N21.5 million in the same period in 2024. The surge in profit was attributed to strong revenue growth, particularly from its flagship brands like Champion Lager and Champ Malta.
The company's revenue increased by 53% year-on-year to N21.44 billion, with cost pressures remaining significant. Despite rising costs in sales, distribution, and administration, Champion Breweries managed to double its gross profit to N10.3 billion.
The company's financial income rose, while financial costs increased largely due to a commercial paper program. Overall, the company's bottom line benefited from the profit increase.
Plus234Feed summary based on reporting from Business Day. Read the original report below.
Read full article
Continue on Business Day
Get the week in one email
Top stories, NPFL results, the naira — every Friday morning. Free, one email a week.
Related Stories
Champion Breweries Projects Record N3.12bn Profit Amid Stable Naira
Champion Breweries Commences N16bn Rights Issue for Expansion and Acquisitions
Champion Breweries Plc Conducts N15.9bn Rights Issue Ceremony
Champion Breweries Launches N15.91bn Rights Issue for Expansion Strategy
Nigerian Breweries Battles Rising Costs, Records N85.5bn Profit Amid Economic Challenges
Nigerian Breweries Records 48% Revenue Growth, Reaches N1.04 Trillion in 9 Months
Get Plus234Feed on messaging apps
Same headlines, delivered where you already scroll.
