Guinness Nigeria has reported a revenue of N730.8 billion for the eighteen-month period ended December 31, 2025, representing a 144 per cent increase from the N299.5 billion recorded in the twelve months ended June 2024.
The company disclosed this in its audited financial results released on Tuesday, marking its first full reporting cycle after shifting its financial year-end to December 31 and operating under the ownership of Tolaram.
According to the report, gross profit rose by 152 per cent to N230.5 billion, driven by improved productivity and disciplined cost management.
Operating profit also climbed by 251 per cent to N89.3 billion, reflecting stronger commercial execution and enhanced operational efficiency.
The brewer posted a net profit after tax of N41.2 billion, a sharp turnaround from the N54.7 billion loss recorded in the previous financial year.
Commenting on the results, Chairman of the Board, Fabian Ajogwu, said the audited figures demonstrate the company’s resilience and disciplined execution during a pivotal period.
“These audited results reflect the resilience of Guinness Nigeria and the disciplined execution of our strategy during a pivotal period for the company,” he said.
“As we build on a 75-year legacy in Nigeria, the Board is encouraged by the company’s improved financial strength and sustained performance momentum.
We remain firmly committed to delivering long-term value to our shareholders and stakeholders.”
Managing Director Girish Sharma noted that closing the extended financial year with strong performance highlights the progress made in reshaping the business for sustainable success.
“Closing this extended financial year with such a strong performance demonstrates the progress we have made in reshaping our business for sustainable success,” Sharma said.
“Our first full reporting cycle following the transition underscores the effectiveness of our sharpened commercial focus and operational discipline.
As we move into a new financial cycle, we are intent on accelerating growth, embedding a high-performance culture with an entrepreneurial mindset, and delivering sustainable value across our portfolio.”
