Guinness Nigeria Achieves N40.69bn Profit in Nine Months

Guinness Nigeria Plc announced its financial results for the nine-month period ending September 30, 2026, showcasing a profit after tax of N40.69 billion, which represents a 53.1% increase from N26.59 billion in the same period of 2025. Revenue surged by 20.4% to N403.33 billion, up from N335.07 billion the previous year.

Profit before tax also saw a significant rise of 55.3%, climbing from N39.69 billion to N61.65 billion. Gross profit increased by 20.4% to N151.38 billion compared to N125.72 billion in the prior-year period.

Prof. Fabian Ajogwu, Chairman of the Board, stated that these results reflect the company's progress in enhancing its financial performance and building resilience. Girish Sharma, Managing Director and Chief Executive Officer, noted that the performance indicates ongoing improvements in profitability and a reduction in finance costs, contributing to a stronger bottom line.