Berger Paints’ 9M pre-tax profit rises 14.8% to N1.68 billion, declares dividend
Berger Paints Nigeria Plc reported a profit before tax of N1.68 billion for the nine months ended September 2026, up 14.8% from N1.46 billion in the corresponding period of 2025. The post Berger Paints’ 9M pre-tax profit rises 14.8% to N1.68 billion, declares dividend appeared first on Nairametrics .
Berger Paints Nigeria Plc announced a 14.8% increase in its pre-tax profit to N1.68 billion over the nine months ending September 2026, compared to N1.46 billion in the same period last year. The company declared an interim dividend of 50 kobo per ordinary share, amounting to N144.91 million. The nine-month revenue reached N10.01 billion, a 7.4% year-over-year increase from N9.32 billion.
Gross profit rose to N5.22 billion, a substantial 26.6% growth from N4.12 billion. Operating profit stood at N1.52 billion, up 5.3% YoY. Profit before tax increased by 14.8% to N1.68 billion, while profit after tax grew by 12.4% to N1.09 billion. Earnings per share were N375, a 12.3% increase from N334. The company attributed the stronger performance to lower production costs, which boosted gross profit.
However, income tax expenses rose by 19.5% to N593.41 million, tempering the growth in profit after tax. Total assets grew by 6.3% to N9.64 billion as of September 30, 2026.
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