BUA Foods Plc has announced a remarkable N507.7 billion profit after tax for the year ended 31 December 2025, marking a 91% increase from the N266 billion reported in 2024. The growth reflects higher turnover, improved gross profit, and controlled operating expenses, underscoring the company’s resilient performance in Nigeria’s competitive consumer goods sector.
The company’s financial statement filed on the Nigerian Exchange revealed that turnover rose by 17.9% to N1.80 trillion in 2025 from N1.53 trillion the previous year. While cost of sales increased to N1.13 trillion from N987.1 billion, BUA Foods achieved a gross profit of N672.2 billion, up from N540.8 billion in 2024. Operating profit also surged to N565.4 billion, supported by efficient operations and strategic cost management.
Administrative and selling expenses grew modestly, with administrative costs reaching N40.46 billion and distribution expenses climbing to N68.73 billion. Notably, net finance costs fell sharply to N14.39 billion from N187.8 billion the year before, reflecting lower borrowing costs, though finance exchange losses of N16.1 billion slightly impacted total profit before tax, which still rose 88% to N534.9 billion.
For the company alone, profit after tax amounted to N322.5 billion, with earnings per share rising to 28.21 kobo from 14.78 kobo in 2024. BUA Foods’ total assets grew to N1.39 trillion, driven by higher cash reserves, while equity strengthened to N702.8 billion. The company maintained a healthy balance sheet, supporting ongoing expansion and strategic initiatives.
Looking ahead, Managing Director Ayodele Abioye highlighted plans to complete the sugar backward integration programme, enabling refinement of over 220,000 metric tonnes in the first phase. The company will continue expanding across business divisions while preserving margins. With a market capitalization exceeding N14 trillion, BUA Foods closed 2025 as the most valued company on the Nigerian Exchange, demonstrating strong investor confidence and long-term growth potential.
source: punch