Nigeria's top FMCG manufacturers report 35% profit surge despite flat revenue

Manufacturing giants grow profit by 35% despite flat revenue

…As top ten FMCGs post N601.7bn PAT in H1’26 lRevenue stagnates at less than 1% year-on-year  lAnalysts cite improved operating cost efficiency By Yinka Kolawole The largest fast moving consumer goods (FMCG) manufacturing companies in Nigeria significantly improved profitability in the first half of 2026 (H1’26), even as combined revenue remained broadly flat year-on-year, highlighting […] The post Manufacturing giants grow profit by 35% despite flat revenue appeared first on Vanguard News.

By Urowayino Jeremiah