BUA Cement
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WaneInvestmentHouse
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BUA Cement Plc Reports 6.4% Increase in Profit After Tax to N73.91 Billion for FY 2024 - need to focus more on business
BUA Cement Plc has announced a profit after tax of N73.91 billion for the financial year ended December 31, 2024, representing a 6.4% increase from the N69.45 billion recorded in 2023. Key Point: Despite a significant surge in revenue to N876.47 billion, up 90.5% from the previous year, BUA Cement's profit growth was moderated by a sharp rise in costs, particularly foreign exchange losses and finance costs.
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9.7% undervalued intrinsic discount31.17%
Revenue growth p.a.
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