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BUA cement profits fall by 31% in 2023 due to Forex losses

BUA Cement Plc reported a profit after tax of N69.45 billion for the financial year ended December 2023, representing a 31.2% decline year-on-year. In comparison to the N101.01bn profit realized…

GuruTrends April 4, 2024

Nigeria

Cement manufacturers declare N710b profit

Cement manufacturers declare N710b profit Nigeria three cement manufacturers recorded profit of N710.03 billion in 2023 as significant upsurge in sales and considerably higher prices lessened pressures on operations. A…

GuruTrends March 4, 2024