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Guinness Nigeria Records Strong Financial Comeback with N26.3 Billion Net Profit

Business Day··1 min read
Guinness Nigeria Records Strong Financial Comeback with N26.3 Billion Net Profit

Guinness Nigeria Plc (NGX: GUINNESS) has delivered a robust financial performance ahead of transitioning to a new financial year-end. The company recorded a net profit of N26.3 billion for a 15-month period ending September 30, 2025, showcasing a major turnaround from the N54.7 billion loss in the previous financial year.

The brewer's success is attributed to ongoing restructuring strategies, operational discipline, and cost control measures amidst Nigeria's high-cost inflationary environment. Revenue almost doubled to N594.7 billion, with gross profit surging by 102 percent to N184.7 billion.

The company's balance sheet also strengthened significantly, with total assets rising to N245 billion. Chairman Prof. Fabian Ajogwu SAN expressed confidence in the results.

Plus234Feed summary based on reporting from Business Day.

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