Cutix forecasts 75% raw-material cost ratio as copper pressures margins
The cable maker’s FY2027 third-quarter figures are forecasts for the period ending 31 January 2027, not reported actual results.
- Publish date: 2026-10-09
- Category: Standards & Policy
- Original source: The Punch
- Reading time: 1 min read
Cutix projected revenue of about ₦4.26 billion and profit before tax of ₦122.11 million for its third quarter of financial year 2027, ending 31 January 2027. It forecast raw-material costs at 75% of sales, citing higher copper costs without corresponding selling-price increases in a competitive market.
The projected pre-tax profit was below the ₦162 million forecast for its second quarter of financial year 2027; both figures are forecasts. House-wiring cables were expected to contribute about ₦3.38 billion in quarterly revenue.