{
  "schemaVersion": 1,
  "contentDigest": "98c3a3fb8f7a0be6c453d896984e0de7d1e2be18fd0f3eb706fe9460a958b690",
  "id": "news-oct22-continued-ng-cutix-copper-cost-quarterly-forecast-20261009",
  "language": "en",
  "interfaceLanguage": "en",
  "url": "https://voltformer.com/news/ng-cutix-copper-cost-quarterly-forecast-20261009",
  "slug": "ng-cutix-copper-cost-quarterly-forecast-20261009",
  "category": "policy-standards",
  "publishDate": "2026-10-09",
  "sourceName": "The Punch",
  "sourceUrl": "https://punchng.com/cutix-forecasts-n122m-q3-profit-projects-lower-interest-rates/",
  "readingTimeMinutes": 1,
  "tags": [
    "Nigeria",
    "Copper",
    "Raw materials",
    "Manufacturing",
    "Economic statistics"
  ],
  "content": {
    "title": "Cutix forecasts 75% raw-material cost ratio as copper pressures margins",
    "summary": "The cable maker’s FY2027 third-quarter figures are forecasts for the period ending 31 January 2027, not reported actual results.",
    "sections": [
      {
        "paragraphs": [
          "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."
        ],
        "sources": [
          {
            "name": "The Punch",
            "url": "https://punchng.com/cutix-forecasts-n122m-q3-profit-projects-lower-interest-rates/"
          }
        ]
      }
    ]
  },
  "companies": [],
  "sourceVersion": "e4701e8ed0e0aa6fabcbaddf776585fa1c8fe2b739130462022b8c0be333a15f"
}