BUA Cement Plc’s profit after tax rose to ₦108.96 billion in the third quarter (Q3) ended September 30, 2025, according to the company’s unaudited financial statement obtained by Naijaonpoint.
This represents a 641 percent increase when compared to ₦14.72 billion in the same period of 2024.
For the nine-month period, profit after tax rose to ₦289.86 billion from ₦48.97 billion posted a year earlier.
Revenue for the nine months grew 47 percent to ₦858.73 billion, up from ₦583.41 billion in 2024. Third-quarter revenue closed at ₦278.43 billion, against ₦219.46 billion in the prior year.
Gross profit rose to ₦429.26 billion, compared with ₦180.81 billion in 2024. Cost of sales stood at ₦429.47 billion, higher than ₦402.59 billion recorded a year earlier.
Operating profit increased to ₦365.62 billion from ₦137.83 billion in 2024. Finance income was ₦9.94 billion, while finance costs amounted to ₦56.09 billion.
The company recorded a net exchange gain of ₦21.63 billion, reversing a loss of ₦57.44 billion in 2024.
Profit before tax stood at ₦338.57 billion, compared with ₦61.75 billion last year. Basic earnings per share rose to ₦8.56 from ₦1.45 in 2024.
Total comprehensive income for the nine months was ₦289.86 billion, compared with ₦48.97 billion in 2024.
BUA Cement maintained improved plant efficiency, stable production levels, and cost optimisation across its operations.
The company said it remains focused on sustaining profitability through energy efficiency and higher capacity utilisation.