BUA Cement’s sales and profit grow in 2021

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Nigeria: BUA Cement recorded consolidated sales of US$619m in 2021, up by 23% year-on-year from US$504m in 2020. Bagged cement sales rose by 23% to US$618m, while bulk cement sales rose by 40% to US$1.48m. Cost of sales was US$328m, up by 19% year-on-year, and the company recorded a profit after tax of US$217m, up by 25% from US$174m in 2020.

Last modified on 06 April 2022

URL: https://globalcement.com/news/item/13919-bua-cement-s-sales-and-profit-grow-in-2021

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