Nigeria, March 27 -- CAP Plc, the paint-making subsidiary of UAC of Nigeria Plc, posted a 50.9 per cent increase in post-tax profit for 2025 in comparison to the preceding year, with turnover rising by almost one quarter.

The company's net profit hit the peak level ever during the year as revenue climbed to N44.9 billion from N36.4 billion and costs rose marginally, easing pressures on bottom line, figures from its corporate results released on Friday showed.

On that score, it has announced a dividend of N4 per share (translating to a N3.3 billion payout), up from the N2.40 paid to shareholders for 2024.

"These achievements are underpinned by the disciplined execution of our strategy and the continued trust and commitment of our custom...