UAC of Nigeria Plc has announced a pre-tax profit of N6.05 billion for the second quarter of 2025, marking a 2.3% year-on-year increase from N5.91 billion in Q2 2024.
This growth was driven by strong top-line performance. The company’s revenue surged by 27.42% to N54.4 billion in Q2 2025, with total first-half revenue hitting N110.4 billion, reflecting a 32.62% increase over the same period last year.
According to the financial results filed with the Nigerian Exchange (NGX), all revenue was domestically generated, with N110.2 billion from customer contracts and N133.2 million from rental income.
Despite a 22.14% rise in cost of sales to N40.4 billion, gross profit expanded by 45.57% to N13.9 billion. The company, however, faced notable overhead pressures. Selling and distribution expenses jumped by 40.26% to N3.6 billion, while administrative costs rose by 24.30% to N5.2 billion.
Even with rising expenses, UAC’s operating profit nearly doubled, climbing 76.98% to N5.7 billion in Q2 2025, compared to N3.2 billion the year before. Finance costs reached N2.8 billion, but this didn’t prevent the company from posting improved net profitability.
Profit after tax stood at N4.04 billion, up from N3.6 billion in Q2 2024.
On the balance sheet, UAC maintained a solid footing. Total assets increased to N161.4 billion, up from N157.7 billion a year earlier. Retained earnings grew to N53.1 billion, marking a 13.49% year-on-year increase.
Key Highlights (Q2 2025 vs Q2 2024)
- Revenue: N54.4 billion (+27.42%)
- Cost of Sales: N40.4 billion (+22.14%)
- Gross Profit: N13.9 billion (+45.57%)
- Operating Profit: N5.7 billion (+76.98%)
- Pre-tax Profit: N6.05 billion (+2.33%)
- Profit After Tax: N4.04 billion (+12.22%)
- Total Assets: N161.4 billion (+2.39%)
- Retained Earnings: N53.1 billion (+13.49%)
As of July 31, 2025, UAC of Nigeria’s stock was priced at N80.30 per share, representing a 155% year-to-date gain underscoring robust investor confidence in the conglomerate’s performance.
The company’s resilience in navigating rising costs while driving revenue and profit growth positions it as a strong player in Nigeria’s consumer and industrial goods sectors.
Stay tuned to 9am News Nigeria for more Breaking News, Business News, Sports updates And Entertainment Gists.
