NASCON Allied Industries Plc grew its half-year profit by 25.7 percent to N19.6 billion in the six months ended June 30, 2026, from N15.6 billion in the corresponding period of 2025, as a 126 percent surge in finance income and an improved gross margin cushioned a comparatively slower pace of revenue growth, BusinessDay’s analysis of the salt maker’s unaudited financial statements shows.
Revenue for the first half of the year rose by a modest 3.8 percent to N81.2 billion, from N78.2 billion in H1 2025, a significantly slower pace than the double-digit growth the Dangote Industries-backed firm has posted in recent periods.
However, the second quarter alone told a stronger story, with revenue climbing 15.2 percent to N41.8 billion from N36.3 billion in Q2 2025, suggesting a pickup in sales momentum after a soft opening quarter. The company’s Northern market remained its biggest revenue base, contributing N61.4 billion, or 75.7
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