BUA Cement has reported a sharp rebound in profitability, with net income in the second quarter of 2025 rising more than 500 percent year-on-year, helped by strong revenue growth and easing cost pressures.
The company’s unaudited financials show that net profit rose to N99.77 billion in Q2, up from N16.28 billion a year earlier. That brought half-year profit to N180.9 billion, already more than double the N73.9 billion reported for the entire 2024.
Revenue also grew significantly, climbing to N289.5 billion in Q2, a 43 percent increase compared to the same quarter last year. In the first six months, sales hit N580.3 billion, up 60 percent from N363.9 billion recorded in H1 2024.
