Categories: Business

BUA Cement profit rises to N356bn as revenue hits N1.179trn

BUA Cement Plc recorded a profit after tax of N356.04 billion for the 2025 financial year, representing a significant increase from N73.91 billion reported in 2024.

BUA Cement disclosed this in a corporate disclosure on the Nigerian Exchange Limited (NGX) on Saturday, February 28, 2026.

The company’s profit before tax also rose to N465.28 billion from N99.63 billion

Its operating profit more than tripled to N504.55 billion in 2025, compared with N144.30 billion recorded in 2024, despite higher operating expenses.

In terms of performance, revenue surged to N1.179 trillion in 2025 from N876.47 billion in 2024, while the cost of sales declined slightly to N575.26 billion from N576.20 billion.

This drove gross profit up to N604.18 billion from N300.27 billion.

Total assets rose to N1.811 trillion in 2025 from N1.570 trillion in 2024, reflecting an expansion in both non-current and current assets.

Cement price surge hits N11,000

Non-current assets, however, declined slightly to N1.193 trillion from N1.196 trillion, while current assets increased to N618.43 billion from N374.44 billion.

On the liabilities side, total liabilities reduced to N1.030 trillion in 2025 from N1.182 trillion in 2024, largely due to a decline in non-current liabilities, which fell to N405.24 billion from N607.25 billion.

Current liabilities, however, increased to N624.26 billion from N574.55 billion.

Equity strengthened significantly, rising to N782.14 billion in 2025 from N388.55 billion in 2024, supported by a sharp increase in retained earnings to N571.55 billion from N175.70 billion.

Overall, BUA Cement’s 2025 performance reflects stronger operational efficiency, reduced debt burden, and improved earnings capacity compared to 2024.

The Star

Segun Ojo

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