BUA Cement Declares profits of N95billion in FY2020

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BUA Cement Plc, Nigeria’s second-largest cement company, has announced full-year revenues of N209billion in its unaudited 2020 Full Year financial accounts representing an increase of 19% from the corresponding period in 2019.

BUA Cement Plc N100Bn Bond Issuance Now Open

Highlights.

  • Revenue rise 19% to N209billion (FY2020)
  • Gross Profits increase by 16% to N95.4billion (FY2020) from N82.4billion Naira (FY2019)
  • PBT rise by 19% to N79.06billion (FY2020) from N66.23billion (FY2019)
  • Sales Volumes rise to 5,100,232tons (FY2020) from 4,501,150tons (FY2019)