PZ Cussons Nigeria Profit Surge

Guinness Nigeria Plc reported a profit after tax of N40.69 billion for the nine months ending September 30, 2026, a 53.1% increase. Revenue rose by 20.4% to N403.33 billion, reflecting improved profitability and lower finance costs.

International Breweries Plc reported a 5.74% drop in profit after tax to N54.51 billion for the nine months ending September 30, 2026, primarily due to a significant increase in income tax expense. Revenue increased slightly, while costs and operating expenses rose.

International Breweries Plc reported a 21.86% increase in pre-tax profit to N90.44 billion for the nine months ended September 2026, despite a 5.74% decline in profit after tax due to higher tax expenses.