Nigeria: BUA Cement has released its six-month financial results for the period ending 30 June 2026, with profit before tax of US$236m, representing a 79% increase over US$157m reported in the previous corresponding period ending 30 June 2025. The company reported US$532m revenue in the first half of 2026, 26% more than the US$423m recorded in the first half of 2025.
CEO Yusuf Binji said “We have delivered a strong quarter despite the constraints encountered. As outlined in my April 2026 commentary, our strategic focus is firmly on new growth opportunities and cost containing measures. I am pleased with the traction of the growth plans and the gains recorded. We will continue to prioritise measures aimed at driving operational efficiencies. Therefore, I expect current process optimisation activities will result in higher productivity and improved cost management, especially with the decisions taken during the quarter. I am very encouraged by our outlook and performance over the next quarters.”
