Tag: BUA Cement
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Good morning and welcome to this week’s bulls and bears. This is a weekly thread where i look at happenings on the NGX and UJS equity space. If you have any questions, please feel free to share. Starting with the US Last week, the S&P fell by 3.1% The Nasdaq Composite declined 3.5%. The Dow…
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BUA Cement is one of the 3 cement companies on the NGX. It is also one of the 3 cement companies in Nigeria. It was founded Abdulsamad Rabiu. FY 2024 numbers There was a decent increase in revenue. Full year revenue came in at N876 billion. Up 47.5% from the N459 billion in 2023 At…
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BUA Cement had a sharp dip in profit in 9M 2024 due to higher finance costs. Except there is a sharp rise in Q4 2024 numbers, the company is unlikely to exceed FY 2023 performance. About the firm BUA Cement Plc was incorporated as a limited liability company on 30 May 2014 and commenced business…