BUA Foods PLC Reports N508bn Profit After Tax for 2025 Fiscal Year

BUA Foods PLC announced a remarkable profit after tax of N508 billion for the fiscal year ending December 31, 2025, marking a substantial 91% surge from N266 billion in 2024. The company's financial success was supported by a boost in turnover to N1.80 trillion in 2025 from N1.53 trillion in 2024, reflecting a 17.9% increase.

Additionally, the gross profit rose to N672.2 billion in 2025 from N540.8 billion in the previous year. Operating profit for the year was N565.4 billion compared to N472.1 billion in 2024.

Notably, administrative expenses increased to N40.46 billion, and selling and distribution expenses rose to N68.73 billion. The company's net finance costs decreased to N14.39 billion, mainly due to reduced borrowing costs.

BUA Foods' profit tax stood at N534.9 billion, representing an 88% increase year-on-year. The company's total assets grew to N1.39 trillion, with total equity strengthening to N702.8 billion.

The management, led by Ayodel Abioy and Chief Financial Officer Michael Ehimah, emphasized the company's focus on margin preservation and competitiveness in the market.