Guinness Nigeria
Advertisement

Guinness Nigeria Plc has surpassed the N1 trillion market capitalisation mark on the Nigerian Exchange Group (NGX).

The current market capitalisation of the NGX stands at N131.608 trillion.

Guinness Nigeria, in a statement on Tuesday, April 14, 2026, said its market capitalisation stood at about N1.01 trillion as of April 10, while the company’s enterprise value rose to N1.05 trillion.

Data from the NGX showed that Guinness Nigeria’s share price closed at N462.90 on April 12, extending an 18-month rally that had boosted shareholder value and reinforced confidence in its strategic direction.

The firm’s audited financial results for the 18-month period ended December 31, 2025, underscored its improved performance, with revenue of N730.80 billion.

Gross profit grew by 152 per cent to N230.5 billion, while the company also returned to profitability, posting a net profit after tax of N41.16 billion, compared to a loss recorded in the previous period.

Meanwhile, Guinness Nigeria has reported a profit after tax of N10.39 billion for the quarter ended March 31, 2026.

This represents an increase from N7.03 billion recorded in the corresponding period of 2025.

The company disclosed this in a corporate disclosure through the NGX on Tuesday as its unaudited financial results for the quarter ended March 31, 2026.

The report showed that revenue rose to N122.77 billion in the first quarter of 2026, up from N118.34 billion in the same period of 2025, indicating a growth of about four per cent year-on-year.

Stock market investors gain N443bn amid strong buying interest

Gross profit, however, declined to N43.48 billion from N44.52 billion recorded in the corresponding quarter of the previous year.

This translated to a gross margin of 35.4 per cent, compared to 37.6 per cent in 2025, reflecting sustained cost pressures within the operating environment.

Further analysis revealed that profit from operating activities stood at N17.18 billion, slightly lower than the N17.99 billion posted in the first quarter of 2025.

The company’s profit before tax rose to N15.75 billion, compared to N10.28 billion in the same period of the previous year, while earnings per share increased to N4.74 from N3.21.

Guinness Nigeria disclosed that its net finance costs reduced to N1.43 billion in the first quarter compared to N7.72 billion in the same period of 2025.

Following its strong financial performance in the first quarter of the 2026 financial year and sustained profitability in 2025, the company’s Board of Directors has approved an interim dividend of N2.00 per ordinary share.

The qualification date for the dividend is set for April 20, 2026, with a total payout estimated at N4.38 billion, based on 2,190,382,819 ordinary shares in issue.

Guinness Nigeria stated that the dividend would be paid out of distributable profits, in line with Sections 426 to 428 of the Companies and Allied Matters Act (CAMA) 2020.

Segun Ojo
Latest posts by Segun Ojo (see all)
Advertisement

RELATED ARTICLESMORE FROM AUTHOR