BUA Cement projects that its net income could rise to as much as N250 billion at the end of 2025 on reduced foreign exchange losses and improved production capacity.
This is according to Abdul Samad Rabiu, the chairman of BUA Cement Plc, during the 9th Annual General Meeting of the company on Monday.`
BUA Cement nearly doubled its revenue in 2024 with top-line growth rising to N877 billion, from N460 billion in 2023, despite foreign exchange losses of N93.9 billion.