BUA Cement Declares N65.91b Profit In Nine Months

For the third quarter ended September 30, 2021, BUA Cement Plc has declared Profit After Tax of N65.91 billion, 23.22 percent higher than the N53.49 billion attained within same period in 2020.

Within the period under review, revenue stood at N186.91 billion as against N156.55 billion recorded in the comparative period of 2020, indicating 19.39 percent increase.

In the company’s unaudited financial statement sent to the Nigerian Exchange (NGX) Ltd on Tuesday, gross profit increased to N87.25 percent from N70.26 billion recorded in the comparative period of 2020.

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The unaudited result was signed by the company’s Managing Director, Engr. Binji Yusuf and the Chief Financial Officer, Mr Jacques Piekarski .

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