UAC’s 9M pre-tax profit jumps 262.5% to N37.69bn as revenue triples
UAC of Nigeria Plc reported a pre-tax profit of N37.69 billion for the nine months ended September 2026, up 262.5% from N10.40 billion in the corresponding period of 2025. The post UAC’s 9M pre-tax profit jumps 262.5% to N37.69bn as revenue triples appeared first on Nairametrics .
UAC of Nigeria Plc's pre-tax profit soared by 262.5% in the nine months to September 2026, reaching N37.69 billion. This marked a significant jump from N10.40 billion in the same period last year. Revenue also tripled, reaching N523.00 billion, up 227.7% from N159.58 billion. The growth was primarily attributed to the consolidation of C.H.I.
Limited and robust performance from UAC Foods Limited. Operating profit, or EBIT, surged by 343.7% to N59.54 billion, with operating margin improving to 11.4%. The company's cash reserves were down 38% to N31.54 billion, while total assets dropped by 13.4% to N516.89 billion. UAC's improved performance is expected to continue as the company focuses on completing divestments and reducing debt.
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