BUA Foods Grows Profit By 6.68% To N16.6b In Nine Months

BUA Foods Plc, formerly BUA Sugar Refinery Limited has released its unaudited financial statements for the three months and nine months ended 30th September, 2021 with 6.68% rise in net profit in nine months to N16.565 billion from N15.527 billion in 2020.

However, net profit for three months dropped by 24.47% to N4.581 billion from N6.065 billion in Q3 2020.

Total turnover for nine months grew to N79.697 billion from N74.593 billion while figure for the three months rose to N28.105 billion from N25.209 billion in Q3 2020.