{"id":44343,"date":"2020-11-03T20:53:09","date_gmt":"2020-11-03T19:53:09","guid":{"rendered":"https:\/\/nationalwire.com.ng\/?p=44343"},"modified":"2020-11-03T20:53:15","modified_gmt":"2020-11-03T19:53:15","slug":"bua-cement-posts-n156bn-revenue-in-q3-financial-result","status":"publish","type":"post","link":"https:\/\/nationalwire.com.ng\/sub\/bua-cement-posts-n156bn-revenue-in-q3-financial-result\/","title":{"rendered":"BUA Cement Posts N156bn Revenue In Q3 Financial Result"},"content":{"rendered":"<p>BUA Cement, one of Africa\u2019s largest cement producers, has declared revenues of N156.6billion in its 2020 third quarter (Q3) financial results for the 9-months ended, September 2020 \u2013 an increase of 21% from N129.4billion in the corresponding period of 2019.<\/p>\n<p>This was announced in a filing to the Nigerian Stock Exchange (NSE).<\/p>\n<p>According to the filing, BUA Cement\u2019s Profit After Tax (PAT) also grew by 24 per cent to N53.57billion from the corresponding period in 2019, due to a growing appreciation of BUA Cement\u2019s product offerings.<\/p>\n<p>Speaking on the result, alongside other activities undertaken during the quarter, Engr Yusuf Binji, Managing Director\/CEO of BUA Cement, acknowledged the positive impact of a less than anticipated COVID-19 pandemic shock on the populace and economy; the expected resilience of the private sector and a short rainy season.<\/p>\n<p>According to him, \u201cthis has been a very heartwarming and resilient performance, underpinned by the continued quality that characterizes the BUA Cement product offerings as we see more end-users able to differentiate the attendant benefits of using our products.<\/p><div data-ad-id=\"32665\" style=\"text-align:center; margin-top:0px; margin-bottom:0px; margin-left:0px; margin-right:0px;float:none;\" class=\"afw afw_ad_image afw_ad afwadid-32665  \">\r\n                                                            <div style=\"font-size:10px;text-align:center;color:#cccccc;\">Advertisement<\/div>\r\n\t\t\t\t\t\t\t<a target=\"_blank\" href=\"http:\/\/www.accessbankplc.com\" rel=\"nofollow\"><img decoding=\"async\" height=\"auto\" max-width=\"100%\" src=\"https:\/\/nationalwire.com.ng\/wp-content\/uploads\/2019\/06\/Banner-1.jpg\"><\/a>\r\n                                                                        \r\n\t\t\t\t\t\t\t<\/div>\n<p>\u201cExpectedly, we witnessed a resurging demand from a resilient private sector \u2013 within and outside Nigeria, as the lockdown was eased, coupled with a short rainy season: despite flooding in some parts of Nigeria and Niger.\u201d<\/p>\n<p>\u201cDuring the period, we fulfilled our commitment to building sustainable communities by successfully relocating community members from Gidam Bailu and Gidam Datti to Girabshi, a close-by settlement purchased and developed by BUA Cement in Sokoto State.<\/p>\n<p>\u201cSubsequently, we have been involved in the electrification of the settlement, provision of clean water and the construction and equipping of a school, a healthcare centre etc. Bags of cement alongside cash donations were made to each of the 387 households, as we pursue an inclusive, safe, resilient and sustainable environment. Apart from this, electricity transformers were donated to the Okpella community in Edo State, including patrol vehicles to reinforce existing security measures\u201d.<\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>BUA Cement, one of Africa\u2019s largest cement producers, has declared revenues of N156.6billion in its 2020 third quarter (Q3) financial results for the 9-months ended, September 2020 \u2013 an increase of 21% from N129.4billion in the corresponding period of 2019. This was announced in a filing to the Nigerian Stock Exchange (NSE). According to the &hellip;<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":6,"featured_media":20138,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[17],"tags":[],"coauthors":[2391],"class_list":["post-44343","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v18.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>BUA Cement Posts N156bn Revenue In Q3 Financial Result - National Wire<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nationalwire.com.ng\/sub\/bua-cement-posts-n156bn-revenue-in-q3-financial-result\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BUA Cement Posts N156bn Revenue In Q3 Financial Result - National Wire\" \/>\n<meta property=\"og:description\" content=\"BUA Cement, one of Africa\u2019s largest cement producers, has declared revenues of N156.6billion in its 2020 third quarter (Q3) financial results for the 9-months ended, September 2020 \u2013 an increase of 21% from N129.4billion in the corresponding period of 2019. This was announced in a filing to the Nigerian Stock Exchange (NSE). According to the &hellip;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/nationalwire.com.ng\/sub\/bua-cement-posts-n156bn-revenue-in-q3-financial-result\/\" \/>\n<meta property=\"og:site_name\" content=\"National Wire\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-03T19:53:09+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-11-03T19:53:15+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2017\/12\/BUA-Group-Logo.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"400\" \/>\n\t<meta property=\"og:image:height\" content=\"231\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Friday Ekeoba\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/#website\",\"url\":\"https:\/\/nationalwire.com.ng\/sub\/\",\"name\":\"National Wire\",\"description\":\"About Nigerians, Nigerian Business and Other Stories\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/nationalwire.com.ng\/sub\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/bua-cement-posts-n156bn-revenue-in-q3-financial-result\/#primaryimage\",\"url\":\"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2017\/12\/BUA-Group-Logo.jpg\",\"contentUrl\":\"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2017\/12\/BUA-Group-Logo.jpg\",\"width\":400,\"height\":231,\"caption\":\"BUA\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/bua-cement-posts-n156bn-revenue-in-q3-financial-result\/#webpage\",\"url\":\"https:\/\/nationalwire.com.ng\/sub\/bua-cement-posts-n156bn-revenue-in-q3-financial-result\/\",\"name\":\"BUA Cement Posts N156bn Revenue In Q3 Financial Result - National Wire\",\"isPartOf\":{\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/bua-cement-posts-n156bn-revenue-in-q3-financial-result\/#primaryimage\"},\"datePublished\":\"2020-11-03T19:53:09+00:00\",\"dateModified\":\"2020-11-03T19:53:15+00:00\",\"author\":{\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/#\/schema\/person\/e2ab303e561d755b325fc9cea3854927\"},\"breadcrumb\":{\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/bua-cement-posts-n156bn-revenue-in-q3-financial-result\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/nationalwire.com.ng\/sub\/bua-cement-posts-n156bn-revenue-in-q3-financial-result\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/bua-cement-posts-n156bn-revenue-in-q3-financial-result\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/nationalwire.com.ng\/sub\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"BUA Cement Posts N156bn Revenue In Q3 Financial Result\"}]},{\"@type\":\"Person\",\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/#\/schema\/person\/e2ab303e561d755b325fc9cea3854927\",\"name\":\"Friday Ekeoba\",\"url\":\"https:\/\/nationalwire.com.ng\/sub\/author\/friday\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"BUA Cement Posts N156bn Revenue In Q3 Financial Result - National Wire","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/nationalwire.com.ng\/sub\/bua-cement-posts-n156bn-revenue-in-q3-financial-result\/","og_locale":"en_US","og_type":"article","og_title":"BUA Cement Posts N156bn Revenue In Q3 Financial Result - National Wire","og_description":"BUA Cement, one of Africa\u2019s largest cement producers, has declared revenues of N156.6billion in its 2020 third quarter (Q3) financial results for the 9-months ended, September 2020 \u2013 an increase of 21% from N129.4billion in the corresponding period of 2019. 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