Meyer Plc, a leading Nigerian paint and coatings manufacturing company listed on the Nigerian Exchange (NGX), has reported a significant 61% increase in pre-tax profit for the 2025 financial year. The unaudited results for the year ended December 31, 2025, show a pre-tax profit of N737 million, a substantial rise from the N457.6 million recorded in the previous year. This revenue figure represents almost half of the company’s total earnings over the past five years. Okay News reports that the robust financial performance was underpinned by effective cost management. The operating profit margin stood at 9%, with operating profit at N392 million.