Could & Baker Nigeria Plc reported a revenue after tax of ₦3.34 billion for the 9 months ended September 30, 2025, up 77% from ₦1.89 billion recorded in the identical interval of 2024.
Income elevated to ₦29.53 billion from ₦21.82 billion in 2024, pushed by increased product demand and improved pricing.
Value of gross sales rose to ₦19.41 billion from ₦15.06 billion, whereas gross revenue expanded to ₦10.11 billion, in comparison with ₦6.76 billion final 12 months.
Working revenue rose sharply to ₦5.08 billion, up from ₦2.89 billion in 2024, reflecting environment friendly price administration and improved gross sales volumes. Revenue earlier than tax stood at ₦4.92 billion, in comparison with ₦2.78 billion a 12 months earlier.
Tax bills elevated to ₦1.57 billion from ₦888.4 million, leading to a revenue after tax of ₦3.34 billion. Earnings per share improved to 193.73 kobo from 109.43 kobo recorded in 2024.
For the third quarter alone, the corporate recorded a revenue of ₦1.16 billion, in comparison with ₦426 million in Q3 2024, with income rising to ₦10.24 billion from ₦7.85 billion.
Could & Baker Nigeria Plc stated it stays targeted on sustaining progress by elevated native manufacturing, market growth, and price optimization to strengthen profitability for the complete 12 months 2025.