StocksMedium•29 October 2026•
1 min read
Nigerian Breweries Reports ₦114 Billion Profit for Q3 2026
Key Facts
1Nigerian Breweries declared a profit after tax of ₦114.1 billion for the quarter ended September 30, 2026.
2Net revenue grew to ₦1.10 trillion, driven by revenue expansion and a sharp reduction in net finance costs to ₦7.50 billion.
Nigerian Breweries declared a profit after tax of ₦114.1 billion for the quarter ended September 30, 2026. Nigerian NewsDirect reported that the company's net revenue grew to ₦1.10 trillion during the period.
The financial performance was driven by revenue expansion and a substantial decrease in net finance costs, which fell to ₦7.50 billion. These results led to an increase in earnings per share to 368 kobo, highlighting improved operational efficiency within the consumer goods sector.