Guinness Nigeria Plc has announced an increment in its revenue by 144 per cent.
In the announcement, the company said it recorded N730.8 billion in revenue from July 1, 2024, to December 31, 2025.
The development, the popular brewer stated overshadowed N299.5 billion revenue its recorded in the 12 months ended June 204.
According to a statement, improved productivity and disciplined cost management prompted the positive result.
It revealed that the company recorded a 251 per cent rise in operating profit to N89.3 billion.
This was said, reflected strengthened commercial execution and operational efficiency, with a net profit after tax of N41.2 billion net profit after tax, from the N54.7 billion loss reported in the previous financial year.
Commenting on the results, Chairman of the Board, Prof. Fabian Ajogwu, said the audited results reflect the resilience of Guinness Nigeria and the disciplined execution of its strategy during a pivotal period for the company.
