BUA Foods PLC Records 101% Increase in Profit After Tax to N405.27 Billion

BUA Foods PLC, listed on the Nigerian Exchange Limited (NGX), announced a remarkable 101% increase in Profit After Tax to N405.27 billion for the nine months ending September 2025. The company achieved significant revenue growth, with gross profit reaching N520.65 billion, a 55.97% increase.

Flour and rice divisions contributed significantly to the total revenue, with pasta revenue growing by 12% and rice revenue increasing by 6%. Ayodele Abioy, the Financial Management Director of BUA Foods, highlighted the company's resilient strategy and agile performance, emphasizing sustained growth trajectory amid economic reforms and a stable business environment.