BUA Cement Plc reported strong financial performance for the nine months ended September 30, 2025, recording a profit after tax (PAT) of ₦289.86 billion, a significant surge from ₦48.97 billion in the corresponding period of 2024.
According to the company’s unaudited financial statements released to the Nigerian Exchange Group (NGX) on Monday, revenue climbed to ₦858.73 billion, compared with ₦583.41 billion in the same period last year.
This reflects sustained demand growth and improved market share within Nigeria’s cement industry.
The cement manufacturer also reported gross profit of ₦429.26 billion—nearly three times the ₦150.81 billion recorded in the corresponding period of 2024—despite an increase in cost of sales to ₦429.47 billion from ₦402.59 billion a year earlier.
Operating profit rose to ₦365.62 billion from ₦137.83 billion in 2024, reflecting strong operational efficiency and an improved pricing strategy.
BUA Cement’s finance income stood at ₦9.04 billion for the nine months, while finance costs declined to ₦56.09 billion from ₦60.08 billion last year, resulting in a net finance loss of ₦46.15 billion.
Profit before tax (PBT) reached ₦338.57 billion, sharply higher than ₦61.75 billion in the same period of 2024. After an income tax charge of ₦46.71 billion, PAT stood at ₦289.86 billion.
For the three months ended September 30, 2025, BUA Cement posted a profit after tax of ₦108.96 billion, compared with ₦14.72 billion in Q3 2024. Quarterly revenue also rose to ₦278.43 billion, up from ₦219.46 billion in the same quarter last year.
The firm’s basic earnings per share rose to 855.93 kobo for the nine months, up from 144.61 kobo a year earlier, highlighting improved returns to shareholders.
No items were recorded under other comprehensive income, so total comprehensive income for the period matched PAT at ₦289.86 billion.
News.ng reports that the results underscore BUA Cement’s resilience amid economic headwinds and inflationary pressures in Nigeria. The company continues to strengthen its position as one of Africa’s leading cement producers, driven by ongoing investments in capacity expansion and efficiency improvements.
