{"id":57786,"date":"2022-04-12T11:12:09","date_gmt":"2022-04-12T10:12:09","guid":{"rendered":"https:\/\/nationalwire.com.ng\/?p=57786"},"modified":"2022-04-12T12:11:24","modified_gmt":"2022-04-12T11:11:24","slug":"bua-foods-grows-group-profit-by-97-05-to-n69-77b-in-2021","status":"publish","type":"post","link":"https:\/\/nationalwire.com.ng\/sub\/bua-foods-grows-group-profit-by-97-05-to-n69-77b-in-2021\/","title":{"rendered":"BUA Foods Grows Group Profit By 97.05% To N69.77b In 2021"},"content":{"rendered":"<p dir=\"ltr\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-20138 alignleft\" src=\"https:\/\/nationalwire.com.ng\/wp-content\/uploads\/2017\/12\/BUA-Group-Logo-300x173.jpg\" alt=\"BUA\" width=\"300\" height=\"173\" srcset=\"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2017\/12\/BUA-Group-Logo-300x173.jpg 300w, https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2017\/12\/BUA-Group-Logo-110x64.jpg 110w, https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2017\/12\/BUA-Group-Logo.jpg 400w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/>BUA Foods Plc formerly BUA Sugar Refinery Limited has released its annual report and financial statements For the year ended 31 December 2021 with 97.05% growth in group &nbsp;profit after tax to N69.768 billion from N35.407 billion in 2020.<\/p>\n<div align=\"left\">\n<p dir=\"ltr\">Group revenue rose to N333.272billion from N192.860 billion in 2020.<\/p>\n<\/div>\n<div align=\"left\">\n<p dir=\"ltr\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-53372 alignleft\" src=\"https:\/\/nationalwire.com.ng\/wp-content\/uploads\/2021\/10\/Bua-300x300.jpg\" alt=\"\" width=\"300\" height=\"300\" srcset=\"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2021\/10\/Bua-300x300.jpg 300w, https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2021\/10\/Bua-150x150.jpg 150w, https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2021\/10\/Bua-250x250.jpg 250w, https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2021\/10\/Bua-125x125.jpg 125w, https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2021\/10\/Bua-110x110.jpg 110w, https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2021\/10\/Bua-420x420.jpg 420w, https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2021\/10\/Bua-430x430.jpg 430w, https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2021\/10\/Bua.jpg 640w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/>Meanwhile, the Board of Directors has recommended for the approval of shareholders a payment of N3.50k dividend per 1 ordinary share of 50 kobo each, out of the profits declared in the financial year ended 31 December 2021 (2020: Nil).<\/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<\/div>\n<div align=\"left\">\n<p dir=\"ltr\">The principal activities of the Group are processing, manufacturing, production and distribution of food materials such as sugar, flour, pasta, rice, and edible oils as well as packaged foods. These activities are conducted primarily in Nigeria.<\/p>\n<\/div>\n<div align=\"left\"><\/div>\n<\/p><!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>BUA Foods Plc formerly BUA Sugar Refinery Limited has released its annual report and financial statements For the year ended 31 December 2021 with 97.05% growth in group \u00a0profit after tax to N69.768 billion from N35.407 billion in 2020.<!-- 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":[23,17],"tags":[9288],"coauthors":[2391],"class_list":["post-57786","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-business","category-news","tag-bua-foods"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v18.9 - 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