Berger Paints Nigeria Plc has posted a seven-fold increase in its unaudited half-year results for the period ended June 30, 2025, with profit after tax surging by 614 percent to N624.6 million, up from N87.5 million recorded in the same period of 2024.
According to the company’s second-quarter 2025 financial statement, the earnings growth was primarily driven by a 23 percent rise in revenue to N6.16 billion from N5.02 billion a year earlier.
This was driven mainly by higher sales of paints and allied products, which accounted for the bulk of income, alongside contract services from its Swift Painting subsidiary, while customer demand for premium decorative and industrial paints remained robust despite the challenging economic climate.
