Chemical and Allied Products Plc (CAP Plc) delivered a strong performance in Q3 2025, posting a profit before tax of N1.71 billion, up 36% from N1.26 billion in the same period last year.

This lifted the company’s nine-month pre-tax profit to N5.4 billion, a 39% increase from N3.9 billion in the same period of 2024.

The company’s growth was supported by strong revenue from its core paints business and improved cost management.

Revenue rose 26.7% year-on-year to N10.18 billion in Q3, driven by continued demand for its paint products.

The company achieved a 25.5% increase in Q3 gross profit to N4.3 billion, with gross margins supported by managed raw material costs and efficient production.

Despite rising costs, CAP Plc delivered a resilient performance in Q3 2025, translating revenue growth into higher profitability.

Even with these cost pressures, operating profit rose 32.2% to N1.60 billion, supported by strong gross margins.

Profit before tax increased 35.5% year-on-year to N1.71 billion, while profit after tax grew 35.6% to N1.14 billion, reflecting a jump from the previous year.

Shareholders also saw improved returns, with earnings per share rising to 141 kobo, up from 104 kobo in Q3 2024.

CAP Plc’s cash and cash equivalents rose 9.8% to N7.70 billion, reflecting strong operational cash flows.