BUA Cement

BUA Cement

BUA CEMENT PLC REVENUES HIT N209.4BILLION IN FY2020 AUDITED RESULTS…

AS PROFIT AFTER TAX GROWS 19.4% TO N72.3BILLION March 30, 2021 Revenue increases by 19.3% to N4 billion from N175.5 billion, as at FY2019. Operating profit increases by 14.8% to N82 billion from N4 billion, as at FY2019. EBITDA rises by 18% to N8 billion from N82 billion, as at FY2019; with EBITDA margin resilient …

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BUA Cement Plc. declares FY2020 profits of N95billion

…as revenues rise by 19% to N209billion Lagos, 14 Feb., 2020. BUA Cement, Nigeria’s second largest cement company, has announced full year revenues of N209billion in its unaudited 2020 Full Year financial accounts representing an increase of 19% from the corresponding period in 2019. The company also announced a 16% increase in gross profits to …

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BUA CEMENT PLC SUCCESSFULLY COMPLETES ITS N115 BILLION SERIES 1, CORPORATE BOND ISSUE

…becomes Largest Corporate Bond ever Issued in the history of Nigeria’s Debt Capital Markets as offer for N100billion Series 1, 7 years Fixed Rate, Unsecured Bond Issue is oversubscribed by 37% Lagos, 30 Dec 2020. BUA Cement PLC, one of Africa’s largest cement companies, has announced that it has successfully concluded its N115billion Series 1 …

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BUA to construct 3 cement plants of 9million mtpa in Sokoto, Edo and Adamawa

… Signs agreement with Sinoma CBMI of China; Total Project to cost US$1.05billion   Africa’s leading cement giant, BUA Cement has signed an agreement with Sinoma CBMI of China for the construction of three new cement plants of 3million tonnes each per annum in Edo, Sokoto and Adamawa states of Nigeria to be completed by …

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