BUA Cement Plc has reported a sharp rise in profit for the 2025 financial year, posting a profit after tax of N356.04 billion compared with N73.91 billion recorded in 2024.
The company disclosed this in a corporate filing on the Nigerian Exchange Limited, showing strong growth across key performance indicators.
Profit before tax increased to N465.28 billion from N99.63 billion, while operating profit more than tripled to N504.55 billion in 2025, up from N144.30 billion in the previous year, despite higher operating expenses.
Revenue also recorded a significant rise to N1.179 trillion in 2025, compared with N876.47 billion in 2024, while cost of sales declined slightly to N575.26 billion from N576.20 billion.
The improved revenue performance pushed gross profit to N604.18 billion, up from N300.27 billion recorded in 2024.
Total assets grew to N1.811 trillion in 2025 from N1.570 trillion in the previous year, reflecting expansion in both current and non-current assets.
Non-current assets declined marginally to N1.193 trillion from N1.196 trillion, while current assets increased significantly to N618.43 billion from N374.44 billion.
On the liabilities side, total liabilities reduced to N1.030 trillion in 2025 from N1.182 trillion in 2024, largely due to a drop in non-current liabilities to N405.24 billion from N607.25 billion.
However, current liabilities rose to N624.26 billion from N574.55 billion.
Shareholders’ equity strengthened to N782.14 billion in 2025, compared with N388.55 billion in 2024, supported by a sharp rise in retained earnings to N571.55 billion from N175.70 billion.
Overall, the company’s 2025 financial results indicate stronger operational efficiency, lower debt exposure and improved earnings capacity compared with the previous year.
Visit GMTNewsng for more news stories.