Tag Archives: BUA Cement

BUA Cement Plc announces profit of N90b Naira

Nigeria’s second-largest cement producer, BUA Cement Plc has released its 2021 audited FY results reporting a profit of N90 billion during the period, representing a 24.51% increase The company’s result is on the back of an inflationary year, as most businesses and their consumers have had to deal with rising cost of goods and services. A cursory view of the ...

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Revenue of BUA Cement Plc increases to N71.52 billion

BUA Cement Plc, in its audited financial statement, announced an 18.5% year-on-year growth in profit to N71.52 billion for the financial year of 2020, compared to last year’s figure of N60.34 billion. Acccording to the statement, theb double-digit growth in profit shows the cement maker’s focus on efficiency, excellent cost optimization strategies, newer technologically advanced plants, and lastly the strong ...

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