By Charles Pemu 
LAGOS — Guinness Nigeria Plc announced a significant financial upturn yesterday, releasing its unaudited results for the quarter ended September 30, 2025. The brewing company reported a pretax profit of N15.8 billion for the quarter, marking a sharp 315.49% surge from the N3.8 billion recorded in the corresponding period of 2023.
This robust quarterly performance boosted the company’s 15-month pretax profit to N43.7 billion, successfully reversing the substantial N73.6 billion loss reported in the previous period.
Financial Performance Highlights
The remarkable profit growth was underpinned by soaring revenue. Quarterly revenue surged by 64.72% to N98.06 billion. Total turnover for the 15-month period reached N594.6 billion, with domestic sales contributing the overwhelming majority.
Despite a 49.1% rise in the cost of sales (N61.7 billion), Gross Profit doubled to N36.3 billion (a 100.36% increase from the prior year). Operating Profit also more than doubled, climbing 109.28% to N16.4 billion, demonstrating strong operational efficiency despite an 84.49% rise in marketing and distribution expenses. The quarter concluded with a Net Profit growth of 288.26%, totaling N10 billion.
Balance Sheet and Stock Performance
Guinness Nigeria simultaneously strengthened its balance sheet. Total Assets expanded by 8.78% to N245.9 billion. Crucially, the company significantly reduced its negative retained earnings position from negative N46.3 billion to a healthier negative N20 billion. Total Equity saw a major increase, reaching N28.4 billion, up from N2.1 billion.
The market acknowledged this strong performance; as of the close of trading on October 22, 2025, Guinness Nigeria’s share price stood at N183.8, reflecting a massive 161.57% year-to-date increase on the Nigerian Exchange (NGX).