UAC Foods Reports 39% Profit Decline for 2025

UAC Foods announced a 39% decline in profit for the financial year ending December 31, 2025, with profits falling to ₦9.91 billion from ₦16.31 billion in 2024, according to the company's audited financial statement released by the Nigerian Exchange Ltd. The profit before tax also decreased by 36%, dropping to ₦16.43 billion from ₦25.55 billion the previous year, largely due to a significant increase in financial costs, which rose to ₦15.50 billion in 2025 compared to a net financial income of ₦5.96 billion in 2024, representing a negative swing of 360%.

Despite the profit drop, UAC Foods recorded a strong revenue performance, with turnover rising by 73% to ₦340.47 billion from ₦196.90 billion in 2024. Operating profit grew by 51%, reaching ₦28.49 billion compared to ₦18.87 billion in the corresponding period of 2024.

Total equity increased by 5% to ₦69.77 billion in 2025 from ₦66.41 billion in 2024, while total equity liabilities surged by 279% to ₦597.06 billion from ₦157.73 billion. Cash and cash equivalents rose by 25% to ₦50.91 billion from ₦40.59 billion the previous year.

Earnings per share declined by 27% to 362 kobo from 497 kobo in 2024, and the company's market capitalization rose by 189% to ₦266.28 billion from ₦92.17 billion.