Nigerian Breweries Plc has launched its unaudited {financial} statements for the 9 months ended September 30, 2025, reporting a pretax revenue of N129.4 billion, in comparison with a lack of N202.9 billion within the corresponding interval of 2024.
Nonetheless, within the third quarter (Q3) of 2025, the brewer recorded a pretax lack of N2.7 billion, nonetheless a notable enchancment from the N86.6 billion loss posted in Q3 2024.
The corporate’s internet income efficiency was robust, with Q3 turnover rising 33.38% to N308.2 billion, pushed by robust gross sales of its brewed merchandise.
For the nine-month interval, internet income rose to N1.04 trillion, up from N710.8 billion within the corresponding interval of the earlier 12 months.
Regardless of price effectivity, the price of gross sales elevated alongside larger turnover, rising 12.83% to N204 billion in Q3, largely pushed by uncooked supplies and consumables.
Working bills surged throughout the quarter, with promoting and distribution bills up 37.41% to N63.1 billion, and administrative bills leaping 120.24% to N30.8 billion.
The brewer recorded a overseas trade acquire of N2.6 billion, in comparison with a lack of N1.5 billion within the earlier 12 months, whereas finance prices narrowed to N11.3 billion from N29.5 billion in the identical interval final 12 months.
General, Nigerian Breweries reported a pretax lack of N2.7 billion for the quarter, in comparison with N86.6 billion loss a 12 months earlier, and a internet lack of N2.9 billion, a substantial enchancment from the N64.3 billion loss recorded in Q3 2024.
On the stability sheet, complete belongings stood at N1.11 trillion, down 2.43%, with property, plant, and gear valued at N564 billion, whereas inventories of N224.1 billion made up a good portion.
Whole fairness rose 17.81% to N546.5 billion; nonetheless, retained earnings remained detrimental at N85.5 billion, although this mirrored an enchancment from the detrimental N169.7 billion recorded in December 2024.
Extra favorably, complete liabilities narrowed to N564 billion from N674.3 billion, with commerce and different payables accounting for almost all at N362.6 billion.
As of the buying and selling day of October 22, 2025, shares of the corporate have been priced at N75.95, with a year-to-date efficiency of 137.34%.
