By Micah Jonah
January 26, 2026
Unilever Nigeria Plc has recorded a 99 per cent jump in profit after tax, reaching N30.7 billion for the financial year ended December 31, 2025. The growth was driven by higher revenue, improved operational efficiency, and increased finance income.
According to the company’s unaudited interim financial statements released on the Nigerian Exchange Limited, revenue rose 44 per cent to N214.7 billion, up from N149.5 billion in 2024. While cost of sales increased to N125.0 billion from N94.4 billion due to higher input costs, gross profit still climbed to N89.6 billion, supported by stronger margins.
Operating profit more than doubled to N42.7 billion, despite marketing and administrative expenses rising to N42.4 billion from N29.6 billion. Finance income also increased significantly to N10.3 billion from N6.8 billion, while finance costs dropped to N1.2 billion, resulting in net finance income of N9.1 billion.
Profit before tax surged to N51.8 billion, compared with N22.6 billion the previous year. After accounting for income tax of N21.1 billion, profit attributable to equity holders stood at N30.7 billion, up from N15.1 billion in 2024. Earnings per share rose to N5.35 from N2.64, reflecting the sharp improvement in profitability.
The company’s total comprehensive income for the year also jumped to N30.9 billion, from N14.9 billion the prior year, underscoring Unilever Nigeria’s strong financial performance.
