BUA Cement Reports N356.04bn Profit After Tax As 2025 Revenue Reaches N1.179trn

BUA Cement Plc posted a sharp earnings rebound in 2025, reporting a profit after tax of N356.04 billion, up from N73.91 billion in 2024, according to its audited full-year financial statements.

The company’s results for the year ended December 31, 2025 showed broad-based growth across key performance lines, with management benefiting from higher revenue, stronger gross margins and lower net foreign exchange pressure compared with the previous year.

Revenue from contracts with customers rose to N1.179 trillion in 2025 from N876.47 billion in 2024. The increase in turnover came as demand and pricing supported top-line expansion in a period when manufacturers also faced persistent cost and operating challenges.

Gross profit climbed to N604.18 billion from N300.27 billion, reflecting stronger earnings conversion on sales. At the same time, cost of sales eased slightly to N575.26 billion from N576.20 billion, giving the company additional margin support.

Operating profit also recorded a major jump, rising from N144.30 billion in 2024 to N504.55 billion in 2025. The increase came despite higher administrative and distribution expenses, suggesting that revenue growth and gross performance more than offset those overhead pressures.

On the financing side, total finance costs were N56.29 billion in 2025, compared with N60.05 billion in 2024. Net finance costs also improved, falling to N39.28 billion from N41.86 billion. The financial statements linked this to improved finance income and a reduction in foreign exchange losses.

A key swing factor in the year was currency-related impact. Net foreign exchange losses declined to N9.70 billion in 2025 from N92.11 billion in 2024, significantly reducing pressure on bottom-line profitability.

Profit before tax rose to N465.28 billion from N99.63 billion in the previous year. Income tax expense increased to N109.24 billion, up from N25.72 billion, in line with stronger pre-tax earnings.

After tax, profit stood at N356.04 billion for 2025, representing nearly a fourfold increase year-on-year. Comprehensive income for the period came to N353.77 billion, compared with N71.05 billion in 2024.

The latest numbers place BUA Cement among the stronger corporate earnings performers in Nigeria’s industrial space for the year under review. For investors, the report points to improved operational strength and better handling of financial risk factors, especially foreign exchange volatility, even as cost management remains a central theme.

The full audited statements provide detailed line-by-line disclosures on revenue, operating expenses, finance items and tax, offering the market a clearer basis for assessing BUA Cement’s 2025 performance and outlook.