Champion Breweries’ 9M 2026 pre-tax profit drops to N917.52 million as finance costs surge
- ✦This is according to the brewer’s interim results filed with the Nigerian Exchange (NGX), indicating a 139.85% rise in revenue and a 47.50% increase in operating profit to N6.33 billion.
- Key Highlights (9M 2026 vs 9M 2025) Revenue: N51.41 billion (up 139.85% YoY from N21.44 billion) Gross profit: N17.17 billion (up 58.97% from N10.80 billion) Operating profit: N6.33 billion (up 47.50% from N4.29 billion) Profit before tax: N917.52 million (down 70.77% from N3.14 billion) Profit after tax: N2.18 billion (up 6.36% from N2.05 billion) Earnings per share (EPS): 9 kobo (down 60.87% from 23 kobo) Total assets: N128.03 billion (up 55.49% from N82.34 billion as at December 2025) Cash and cash equivalents: N2.88 billion (down 93.92% from N47.35 billion as at December 2025) Three-month performance: The Q3 2026 result was better, with revenue rising 185% YoY to N15.68 billion.
- Net finance costs jumped 369.52% to N5.41 billion, absorbing about 85% of operating profit.
- This is according to the brewer’s interim results filed with the Nigerian Exchange (NGX), indicating a 139.85% rise in revenue and a 47.50% increase in operating profit to N6.33 billion.
Champion Breweries Plc has released its unaudited Q3 2026 financial results, reporting a pre-tax profit of N917.52 million for the nine months ended September 2026, marking a 70.77% year-on-year (YoY) decline from N3.14 billion in the same period of 2025.
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What is the latest development regarding Zenith Bank?
Key Highlights (9M 2026 vs 9M 2025) Revenue: N51.41 billion (up 139.85% YoY from N21.44 billion) Gross profit: N17.17 billion (up 58.97% from N10.80 billion) Operating profit: N6.33 billion (up 47.50% from N4.29 billion) Profit before tax: N917.52 million (down 70.77% from N3.14 billion) Profit after tax: N2.18 billion (up 6.36% from N2.05 billion) Earnings per share (EPS): 9 kobo (down 60.87% from 23 kobo) Total assets: N128.03 billion (up 55.49% from N82.34 billion as at December 2025) Cash and cash equivalents: N2.88 billion (down 93.92% from N47.35 billion as at December 2025) Three-month performance: The Q3 2026 result was better, with revenue rising 185% YoY to N15.68 billion.
Who are the key organizations or public figures mentioned?
The primary parties identified in this coverage include Zenith Bank.
What timeline or key figures were confirmed?
Champion Breweries Plc has released its unaudited Q3 2026 financial results, reporting a pre-tax profit of N917.52 million for the nine months ended September 2026, marking a 70.77% year-on-year (YoY) decline from N3.14 billion in the same period of 2025.
