Economy
Champion Breweries more than doubles profit to a record
Champion Breweries Plc more than doubled profit to a record in 2025 as revenue surged and finance income cushioned the impact of higher borrowing costs, reflecting continued earnings growth for the Uyo-based brewer.
Profit after tax jumped 119 percent to N1.79 billion in the year ended December 31, from N817 million a year earlier, according to the company’s audited financial statements. Revenue rose 43 percent to N29.8 billion, driven by stronger sales of its Champion Lager Beer and Champ Malta brands.
The historic feat follows the acquisition of the Bullet brands in a landmark deal that has now expanded the brewer’s footprint into 14 African markets.



