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BUA Foods profit rises to N450bn despite revenue decline

3 sources

Punch Newspapers3h ago

Center

BUA Foods profit rises to N450bn despite revenue decline

BUA Foods Plc has recorded a profit after tax of N450.47bn in nine months, an 11.15% increase, despite a 19% decline in revenue to N1.15tn.

Original

Premium Times Nigeria4h ago

Center

BUA Foods’ nine-month profit rises to N450 billion

“Despite a 19% decline in revenue to ₦1.15 trillion, driven by softer pricing conditions and subdued consumer demand, we maintained a substantial improvement in profitability through effective cost optimisation, improved productivity, and rigorous execution across the business,” CEO Ayodele Abioye said.

Original

Punch Newspapers4h ago

Center

BUA Foods profit rises to N450bn despite revenue decline

BUA Foods Plc has recorded a profit after tax of N450.47bn in nine months, an 11.15% increase, despite a 19% decline in revenue to N1.15tn.

Original

Spectrum

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