ABUJA — BUA Cement has announced record financial results for the 2025 fiscal year, posting revenue of ₦1.2 trillion and a 381.7 percent increase in Profit After Tax (PAT) to ₦356 billion.
The figures were disclosed during the company’s 10th Annual General Meeting (AGM) held in Abuja on Thursday, where shareholders also approved a final dividend of ₦10 per share. The dividend approval brings the company’s total payout to investors to ₦338.64 billion.
Speaking at the AGM, Chairman Abdul Samad Rabiu attributed the strong performance to the company’s resilience and strategic execution despite prevailing macroeconomic challenges.
The company also reaffirmed its expansion plans, stating that production capacity is expected to rise to 23 million metric tonnes per annum by the end of next year. New cement plants in Edo State are nearing completion, while additional projects are planned for Sokoto State.
BUA Cement further revealed that its upcoming LNG project is expected to reduce energy costs and support efforts to maintain affordable cement prices for Nigerians as economic conditions improve.
Management expressed appreciation to shareholders for their continued confidence in the company and commended staff for maintaining operational excellence amid challenging market conditions.