{
  "id": 17375075,
  "title": "UAC’s 9M pre-tax profit jumps 262.5% to N37.69bn as revenue triples",
  "url": "https://urgent.news/2026/10/31/uacs-9m-pre-tax-profit-jumps-262-5-to-n37-69bn-as-revenue-triples",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-31T09:10:53.000Z",
  "source": {
    "name": "Nairametrics",
    "slug": "nairametrics",
    "url": "https://nairametrics.com/2026/10/31/uacs-9m-pre-tax-profit-jumps-262-5-to-n37-69bn-as-revenue-triples/"
  },
  "original_language": "en",
  "account": "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.",
  "summary": "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 .",
  "key_points": [
    "UAC's pre-tax profit jumped 262.5% to N37.69bn in Q3 2026",
    "Revenue tripled to N523bn, up 227.7% from N159.58bn",
    "Operating profit surged 343.7% to N59.54bn, margin improved to 11.4%"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}