None
EN
BUA Foods’ 2025 After Tax Profit Soars 91% To ₦508 Billion From Previous Year
['Politics Nigeria']
Politics Nigeria
BUA Foods Plc wrapped up the 2025 financial year with results that clearly set it apart in Nigeria’s consumer goods space, especially at a time when many companies are grappling with rising costs and economic uncertainty.
The food manufacturing company recorded a 91 per cent jump in Profit After Tax to ₦507.7 billion, helped by stronger sales and a noticeable drop in finance costs.
The rice business stood out, with revenue climbing by more than 1,600 per cent to ₦95.6 billion, a result of increased production and wider distribution.
Flour sales also posted solid growth, rising to ₦704.7 billion, reinforcing its role as one of the company’s main revenue earners.
He said BUA Foods has continued to invest in its supply chain and production facilities, while using technology and efficiency improvements to manage costs and expand capacity.