Guinness Nigeria Reports ₦15.8bn Q3 Profit, 315% YoY Surge in Sales
Guinness Nigeria Plc has recorded a remarkable performance in Q3 2025, with a profit of ₦15.8 billion, a 315.4% jump compared to the same period in 2024. The company's revenue rose to ₦98.06 billion, representing a 64.7% year-on-year growth.
This growth was driven by increased sales volume, cost efficiency, and moderate financial expenses. The company's gross profit doubled to ₦36.3 billion, showcasing improved cost management and operational efficiency.
Guinness Nigeria's total assets expanded to ₦245.9 billion, reflecting an 8.8% increase. These positive results demonstrate the company's resilience and strategic adaptation in the consumer goods sector amidst economic challenges in Nigeria.
Plus234Feed summary based on reporting from The Will. Read the original report below.
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