Despite analysts’ expectation that Nigeria’s equities market will continue its upward trajectory this week, record dip in stocks like BUA Cement, Lasaco, Japaul Gold and other major laggards on the Bourse caused the market to open this new week on…
BUA Cement has announced a dividend payment of N2 per ordinary share to its registered members during the 8th Annual General Meeting held on August 29, 2024. The company also ratified the appointment and re-election of members to key positions…
The Chairman of BUA Cement, AbdulSamad Rabiu stated on Thursday that his company’s intention to sell cement at N3,500 per bag last year was frustrated by the actions of cement dealers. During the 8th Annual General Meeting held in Abuja,…
The manage ment of BUA Cement Plc said it recorded revenue growth of 27.4 percent in 2023. The company also announced an increase in net revenue of N460 billion within the period from N361 billion in 2022. The Chairman, Board…
BUA Cement Plc, on Monday posted a Profit After Tax (PAT) of N17.97 billion for the period ended March 31, 2024. This represented 33 per cent decline, as against N26.80 billion recorded in the corresponding period of 2023. The company…
The National Drugs Law Enforcement Agency (NDLEA) has initiated a collaborative effort with BUA Cement to implement regular drug tests for drivers and other employees of the company, aiming to ensure they remain free from illicit substances. Mr. Adamu Iro,…
The domestic equities market on Wednesday, closed on a positive note as price appreciation in BUA Cement Plc and 17 others pushed the market major index by 0.17 per cent. The All-Share Index rose by 115.62 basis points or 0.17…
Leading cement-producing companies in Nigeria generated 2.5 per cent increase in profit to N277.7billion in half year (H1) ended June 30, 2023 as against N270.88billion generated in half year ended June 30, 2022. Amid double-digit inflation rate, the likes of…
By Philemon Adedeji The Nigerian-based Cement manufacturing company, Bua Cement Plc has released its unaudited financial statement for the period ended December 31, 2022, declaring 16.79 per cent growth in Profit Before Tax (PBT) to N120.15 billion in full year…
The positive momentum sustained from the beginning of the month crawled into the week in what has been described as the “Santa Clause Rally”. This generally led to investors gaining big. Similarly, investors in stocks worth over one trillion (SWOOTs)…
