The Directors of Guinness Nigeria Plc (the Company) hereby announce the Company's audited results for the 18-month period ended 31 December 2025.
Particulars | 18 months ended | 12 months ended |
31-Dec-25 | 30-Jun-24 | |
N '000s | N '000s | |
Revenue | 730,803,355 | 299,489,774 |
Cost of sales | -500,326,406 | 208,031,003 |
Gross profit | 230,481,949 | 91,458,771 |
Other Income | 283,639 | 3,177,450 |
Marketing Expenses | -41,911,269 | -27,690,417 |
Distribution Expenses | -56,394,430 | -21,999,788 |
Administrative Expenses | -43,190,962 | -19,538,535 |
Profit from Operating Activities | 89,268,927 | 25,407,481 |
Net Finance cost | -20,876,830 | -99,087,350 |
Profit / (Loss) before tax | 68,392,097 | -73,679,869 |
Tax (Expense) / Credit | -27,229,397 | 18,913,093 |
Profit / (Loss) for the year | 41,162,700 | -54,766,776 |
Commentaries
We are pleased to report Guinness Nigeria PLC's eighteen-month results which demonstrate resilience and unwavering focus, resulting in stellar financial performance despite the intense competitive landscape.
In 2025, the Company changed its financial year-end to 31 December. As a result, the current reporting period has been extended to cover from 1 July 2024 to 31 December 2025 (18 months).
As a result of the extended reporting period, the financials presented may not be directly comparable with those of the comparative periods.
Key Financial Highlights:- Revenue: There is continued momentum in Revenue with year-to-date Sales increasing by 144%, rising from ₦299.5 billion in 2024 (12-month period) to ₦730.80 billion in 2025 (18-month period).
- Gross Profit: Gross Profit rose by 152%, from ₦91.5 billion in 2024 (12-month period) to ₦230.48 billion in 2025 (18-month period).
- Operating Profit: Operating Profit also increased by 251% from ₦25.4 billion in 2024 (12-month period) to ₦89.26 billion in 2025 (18-month period).
- Net Profit After Tax: Net Profit After Tax shows a remarkable improvement from a loss of
₦54.7 billion in 2024 (12-month period) to a profit of ₦41.16 billion in 2025 (18-month period).
The Board remains confident of the Company's continued strong performance and remains committed to delivering value to all stakeholders.
By order of the Board.
Abimbola Ajibola-Jimoh COMPANY SECRETARY FRC/2026/PRO/NBA/002/381739