Guinness Nigeria Plc has reported a powerful monetary efficiency for the 9 months ended September 30, 2026, with income rising by 20.4% to ₦403.33 billion and profit after tax rising by 53.1% to ₦40.69 billion, reflecting improved profitability and decrease finance prices.
The firm’s unaudited monetary outcomes for the interval present that income grew from ₦335.07 billion in the corresponding interval of 2025, whereas profit after tax rose from ₦26.59 billion. Profit earlier than tax additionally elevated by 55.3%, from ₦39.69 billion to ₦61.65 billion, underscoring the corporate’s improved earnings efficiency.
Gross profit climbed by 20.4% to ₦151.38 billion, in contrast with ₦125.72 billion in the prior-year interval. Profit from working actions elevated by 23.4% to ₦64.98 billion, up from ₦52.64 billion, demonstrating progress in working earnings regardless of greater administrative, advertising and marketing and distribution bills.
A major contributor to the improved backside line was the discount in finance bills, which fell by 61.9% to ₦5.83 billion from ₦15.30 billion in the corresponding interval of 2025. Earnings per share additionally strengthened, rising to 1,858 kobo from 1,214 kobo.
Reflecting the corporate’s sustained profitability and monetary efficiency, the Board accredited an additional interim dividend of ₦7.00 per share, representing a distribution of roughly ₦15.33 billion. This brings whole interim dividends declared for the monetary 12 months to ₦16.00 per share, comprising ₦2.00 per share following the primary quarter, ₦7.00 per share following the second quarter and the most recent ₦7.00 per share declaration. The additional dividend displays the Board’s confidence in the corporate’s monetary efficiency and dedication to delivering long-term worth for shareholders.
Commenting on the outcomes, Prof. Fabian Ajogwu, SAN, Chairman of the Board, mentioned: “These results reflect the progress Guinness Nigeria is making in strengthening its financial performance and building a more resilient business. The continued growth in revenue and profitability, alongside our disciplined approach to financial management, provides a solid foundation for the next phase of our journey. Our commitment remains to provide strong governance, support sustainable business growth and deliver enduring value to our shareholders.”
Girish Sharma, Managing Director and Chief Executive Officer of Guinness Nigeria Plc, added: “Our nine-month performance reflects the progress we are making in strengthening the business and improving profitability. Revenue growth, higher operating earnings and a significant reduction in finance costs have contributed to a stronger bottom line. While the operating environment remains dynamic, we remain focused on disciplined execution, operational efficiency and delivering sustainable value for our consumers, customers and shareholders.”
The firm recorded income of ₦138.29 billion in the third quarter, representing progress of 41% from ₦98.07 billion in the corresponding quarter of 2025. Quarterly profit after tax rose to ₦15.39 billion from ₦10.08 billion, additional contributing to the corporate’s nine-month efficiency.
As Guinness Nigeria progresses by the ultimate quarter of 2026, its focus stays on constructing on income progress, strengthening working efficiency and sustaining monetary self-discipline. The firm stays dedicated to serving customers, supporting prospects and creating sustainable worth for shareholders and different stakeholders throughout Nigeria.
