BUA Foods Reports N1.77trn Revenue, Proposes N28 Dividend

BUA Foods Plc announced its financial results for the year ending December 31, 2025, reporting a revenue of N1.77 trillion, which represents a 16% increase from N1.53 trillion in 2024. The company's profit before tax rose by 95% to N518.4 billion, and total assets increased by 27% to N1.39 trillion.

The revenue growth was attributed to sustained demand across its product lines, including sugar, flour, pasta, and rice, alongside the execution of its expansion strategy. The board proposed a dividend of N28 per share, marking a 115% increase from the N13 per share paid in the corresponding period of 2024, amounting to a total payout of N504 billion, subject to shareholder approval at the 2026 Annual General Meeting.

Chairman Alhaji Abdul Rabiu commented on the results, emphasizing the strength of the growth strategy and operational efficiency. Managing Director Mr. Ayodel Abioy highlighted the focus on sustaining revenue growth and improving supply chain management.