UAC of Nigeria PLC has shared its unaudited results for the year that ended on December 31, 2025. They reported a profit before tax of N7.5 billion in 2025, which is much lower than the N25.5 billion they made in 2024.
On the other hand, the profit after tax dropped by 97% compared to the previous year, coming in at N504 million.
Despite this, revenue increased by 74.4%, reaching N343. 350 billion, up from N197 billion in 2024. This boost was mainly due to a big rise in earnings from their packaged foods and drinks division.
7.5 Billion unconfirmed tax profit in 2025 — UACN Reports
Main Points (FY 2025 compared to FY 2024)
Revenue: N343. 4 billion, up 74.5% from last year
Cost of Sales: N267. 4 billion, up 77.6% from last year
Gross Profit: N76 billion, up 64.2% from last year
Other Operating Income: N3.92 billion, up 23.2% from last year
Operating Profit: N21.6 billion, up 14.48% from last year
Earnings per Share: 29 kobo, down 94% from last year
Total Assets: N524. 92 billion, up 233% from last year
Retained Earnings: N43.7 billion, down 6.6% from last year
Total Equity: N60.484 billion, down 8.92% from last year
UACN’s earnings jumped to N343. 4 billion in 2025, thanks to the strong success of its Packaged Food and Beverages division, which remained the biggest source of its total earnings.
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This part of the business increased by 254% to N205 billion, making up around 60% of the total earnings for 2025.
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Even though the Edibles and Feed division saw a drop in earnings, totaling N912 billion, it is still quite important.
The company’s costs for selling its products went up a lot, rising from N150. 6 billion in 2024 to N267. 4 billion in 2025, showing higher costs.
As a result, the gross profit was N76 billion, which is a significant increase from last year’s N46.3 billion.
Operating profit for the year was N21.6 billion, which is a decrease from N18.9 billion in 2024.
UACN’s interest costs jumped to N26.8 billion, up from N6.7 billion, because they borrowed more money, mostly for buying C. H. I. Limited.
Even though finance income made a positive impact with N9.31 billion, it wasn’t enough to cover the rising finance costs. This led to a big drop in pre-tax profit, which fell to only N503. 6 million from N25.5 billion in 2024.
UACN’s balance sheet showed a lot of growth, with total assets reaching N524. 9 billion, which is over three times the N157. 7 billion reported in 2024.
This increase happened because of the purchase of C. H. I. Limited, which added a lot of property, plant, and equipment valued at N121. 4 billion to the balance sheet.
On the equity side, total shareholder equity was N60.5 billion, which is a 9.0% drop from last year, mainly because retained earnings went down.
UACN’s revenue for 2025 increased by 74.5%, reaching N343. 4 billion, thanks to growth in its various areas, especially in Packaged Food and Beverages.
Still, this achievement was dimmed by a big rise in operating and financial expenses, which caused a big drop in profits.
Even with these issues, UACN is in a strong financial position, with total assets amounting to N524. 9 billion and important investments in real estate and equipment.
The value of UACN shares went up by 189% this year, ending at N9.10. This year, the price has risen to N92.50, showing a 1.65% increase so far.
