PZ Cussons reports unaudited full-year financial results for the year ended 31 May 2026, citing stronger revenue and a sharp rise in profitability. The company records total revenue of N260.46 billion for the period. Net profit increases substantially to N49.1 billion, up from N10.07 billion in the corresponding period in 2025, representing a rise of roughly 388%. Another report also places the increase in net profit at about 298%, attributing the improvement largely to earnings from the disposal of fixed assets.
According to the disclosures referenced by both outlets, profit on disposal of fixed assets contributes N38.7 billion in the year under review, compared with N6.5 million in the previous year. The results therefore show that while operational performance contributes to profitability, a significant portion of the year’s higher profit is linked to asset disposal gains. The reports present the figures as unaudited and do not indicate any additional guidance or changes to forecasts beyond the published results.
