BUA Foods reported an impressive performance in 2022, with revenue up 25.53 per cent YoY to N418 billion, driven by impressive growth from the sugar segment, which accounted for 66 per cent of the group’s revenue. Despite severe macroeconomic headwinds,…
Revenues from Sugar and Flour segments lifted BUA Food’s earnings to an impressive performance as the company announced a Profit After Tax of N91.34 billion in 2022, up from N69.77 billion reported in 2021. Its audited financial statement for the…
By Philemon Adedeji BUA Foods Plc, a leading food and fast-moving consumer goods (“FMCG”) listed on the Nigerian Exchange Limited (NGX) has released its unaudited financial results for the period ended December 31, 2022, reporting 29.5 per cent increase in…
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)…
BUA Foods has said its revenue rose by 20.2 per cent to N289.8bn as of the end of the first nine months of 2022. Despite the challenges in the economy, the fast-moving consumer goods company’s revenue rose from N221.7bn recorded…
By Philemon Adedeji Due to increase in cost of raw materials to N101.4 billion in half year H1 2022 from N84.2 billion reported in half year H1 2021, cost of sales during the period of study grew by 16.11 per…
By Philemon Adedeji BUA foods has announced a 16.9 per cent increase in profit before tax for unaudited financial statement for the period ended 31st March, 2022 , announcing growth in profit before tax which rose significantly from N21.25 billion…
By Philemon Adedeji BUA Foods PLC on Thursdsay 17th of february reported 99.4 per cent increase in profit after tax for unaudited full year result and accounts for the period ended as at December 31, 2021. Also, the company reported…
The combined market capitalisation of stocks worth over one trillion (SWOOTs) depreciated by 0.51% to close at N18.14 trillion from N18.23 trillion the previous week, reflecting a loss of N93.62 billion. Stocks included in this classification are AIRTELAFRICA, BUA CEMENT,…
The combined market capitalisation of stocks worth over one trillion (SWOOTs) appreciated by 2.70% to close at N18.23 trillion from N17.75 trillion the previous week, reflecting a gain of N478.72 billion. Stocks included in this classification are AIRTEL AFRICA, BUA…
