Unilever Nigeria Plc has reported a 99 per cent increase in profit after tax to N30.7 billion for the financial year ended 31 December 2025, driven by revenue growth, improved operating performance, and higher finance income.

According to its Unaudited Interim Financial Statements for the Year Ended December 31, 2025, released on the Nigerian Exchange Limited recently, the consumer goods manufacturer’s revenue rose by 44 per cent to N214.7 billion in 2025, compared with N149.5 billion recorded in the previous year.

Cost of sales increased to N125.0 billion from N94.4 billion, reflecting higher input costs, but gross profit still climbed to N89.6 billion from N55.1 billion, supported by stronger sales and improved margins.

Operating profit more than doubled to N42.7 billion in 2025 from N18.4 billion in 2024, despite higher marketing and administrative expenses, which rose to N42.4 billion from N29.6 billion.

Selling and distribution expenses increased slightly to N6.7 billion from N6.2 billion.

Finance income grew to N10.3 billion from N6.8 billion, while finance costs declined to N1.2 billion from N2.5 billion, resulting in net finance income of N9.1 billion, up from N4.3 billion in the prior year.

Profit before tax surged to N51.8 billion from N22.6 billion, while income tax expense rose to N21.1 billion from N7.5 billion.

Profit attributable to equity holders stood at N30.7 billion, compared with N15.1 billion in 2024.

Earnings per share increased to N5.35 from N2.64, reflecting the strong improvement in profitability.

Total comprehensive income for the year rose to N30.9 billion from N14.9 billion in the previous year, underscoring the company’s improved financial performance.