Bralirwa Plc’s profit after tax rose by 37.6% to Rwf 25.3 billion in the first six months of 2026, up from Rwf 18.4 billion recorded during the same period last year, as the beverage manufacturer reported stronger sales growth despite continued cost pressures.
The company announced the performance in its financial results for the period ended June 30, 2026, which showed that revenue increased by 20%, driven by higher beer and soft drink volumes, price adjustments to respond to inflationary pressures and continued strong performance of its premium brands.
Bralirwa’s operating result increased to Rwf 39 billion from Rwf 32 billion in the first half of 2025, supported by higher revenues. However, the company said the improvement was partly offset by rising production and operational expenses.
Cost of sales increased by 18.6% compared with the previous year, reflecting higher prices of raw materials and packaging inputs amid global inflation and commodity market pressures.
The company also recorded a 24.5% increase in selling and distribution costs, mainly due to additional investments in brand support and higher transportation costs linked to increased volumes supplied to distributors.
Administrative expenses grew by 16.7%, driven by increased investment in information technology systems and higher fixed operating costs associated with inflation.
Despite the challenging cost environment, Bralirwa benefited from lower finance expenses, which declined by 19.7% year-on-year due to reduced interest costs on bank overdrafts following improved cash collections.
Income tax expenses increased by 15.4% as a result of higher profit before tax compared with the first half of 2025.
Commenting on the results, Bralirwa’s Managing Director Ethel Emma-Uche said the company’s performance reflected stronger execution of its sales strategy and efforts to manage costs while maintaining growth.
“During the first half of 2026, BRALIRWA delivered solid growth in top-line results, driven by excellence in sales execution and disciplined implementation of our mix and pricing strategy,” Ethel said.
“While high input costs persisted, our operating performance remained resilient, supported by disciplined cost management and operational efficiency efforts.”
Ethel added that the company would continue prioritising consumers and customers during the second half of the year while investing in sustainable practices, brands, people and digital capabilities to support long-term growth.
Founded in 1957, Bralirwa Plc has been part of the HEINEKEN Group since 1971 and is Rwanda’s leading manufacturer and distributor of beer and non-alcoholic beverages.
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