Chemical and Allied Products Posts N9.13bn Pre-tax Profit In 2025

Chemical and Allied Products (CAP) Plc (CAP) reported a strong financial performance for the full year ended December 31, 2025, with profit before tax rising to N9.127 billion.

The company unaudited results released on the Nigerian Exchange yesterday showed that profit before tax grew by 51 per cent from N6.064 billion in full year 2024 to N9.127 billion for the year ended December 2025. Profit after tax rose by 61 per cent to N6.115 billion from N3.807 billion, while earnings per share also up by 61 per cent to N7.51 as against N4.67.

Revenue up by 23 per cent to N44.855 billion compared to N36.362 billion in the corresponding period of 2024. Gross profit stood at N19.435 billion from N14.766 billion, an increase of 32 per cent; while operating profit amounted to N8.04 billion, 48 per cent higher than full year 2024.

The company’s total assets amounted to N24.701 billion from N19.677 billion, representing a year-on-year growth of 26 per cent.

Speaking on the results, the managing director of CAP, Bolarin Okunowo, stated “we are pleased to announce our fourth quarter (Q4) and full year 2025 performance. Revenue, operating profit, and profit before tax grew by 23 per cent, 48 per cent, and 51 per cent respectively.”

He stated that “these achievements reflect the continued trust and commitment of our customers, trade partners, and employees. As we look ahead to 2026, we will build on this positive momentum by deepening our investments in our people, brands and operations, ensuring we continue to meet and exceed the expectations of our customers and stakeholders.”

Chemical and Allied Products Plc is a paints and coatings company in Nigeria with globally recognised brands such as Dulux, Sandtex, Caplux and Hempel. CAP manufactures and sells decorative paints and industrial coatings.

CAP is a public company listed on the Nigerian Exchange (NGX). It is a subsidiary of UAC of Nigeria Plc which holds 57.85 per cent of the company’s shares.