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BUA Cement Records N1.2trn Revenue, 367% Profit Before Tax Surge

Olushola Bello by Olushola Bello
4 months ago
in Business
BUA
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BUA Cement has posted revenue of N1.2 trillion, with profit before tax rising 367 per cent to N465.3 billion, driven by disciplined operational alignment and best-in-class products and services for the year ended December 31, 2025.

The Company’s audited results released on the Nigerian Exchange Limited showed revenue growth to N1.2 trillion, up from N876.5 billion in 2024. Cost of sales rose slightly to N575.263 billion from N576.203 billion, while operating profit rose by 249.6 per cent to N504.554 billion as against N144.304 in 2024.

Profit before tax grew by 367 per cent to N465.276 billion from N99.630 billion, while profit after tax stood at N356.038 billion higher than N73.909 billion achieved in 2024. Also, earnings per share amounted to N1,051 from N218, an increase of 381.7 per cent.

BUA Cement stated that “this outstanding performance reflects disciplined operational alignment that has delivered efficiency and effectiveness, and is supported by best-in-class products and service offerings, ensuring sustained value creation for all stakeholders.

“With the renewed focus, margins improved, with gross profit and EBITDA margins increasing by 16.8 and 16 percentage points to 51.2 per cent and 46.6 per cent, respectively.”

Speaking on the overall performance, the managing director/ CEO, Yusuf Binji said, “this has been a remarkable year for us, both strategically and operationally, culminating in the strong financial performance shown.”

He noted that “at the start of the year, we outlined three key priorities: margin recovery, cost management and process improvement, and market penetration.

“Through process reviews and targeted realignments, we explored smarter ways of operating internally. This approach included close engagement with suppliers and service providers across the value chain, and I am pleased that the results are reflected in the improved margins reported. “

According to Binji, during the year, we hosted our partners at the ‘Pillars of Strength’ Awards; expanded our logistics capacity, adding 500 new bulk cement tankers, and resumed exports to Niger and Burkina Faso. We also launched a

24-hour service centre to further enhance customer responsiveness. Key projects, including Ososo Line-1 and the Sokoto regasification plant are progressing on schedule.

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“On completion, our installed capacity will reach 20mmtpa, positioning us to meet growing local and regional demand.”

Looking ahead to 2026, he said “our key priorities will focus on enhanced cost management, deeper local and regional market penetration, and advancing sustainability initiatives. Steps are underway to ensure we meet our target date for the pilot IFRS sustainability report for the 2026 financial year.”

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Olushola Bello

Olushola Bello

Olushola Bello is a Senior Journalist at Leadership Newspaper, reporting on Nigeria's capital market, industry sectors, and broader economic issues. She is known for high-impact stories and in-depth analysis on business developments and financial markets, underpinned by strong editorial judgement and a commitment to accuracy and fairness.

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