March 31, (THEWILL) — BUA Foods Plc has reported an audited pre-tax profit of ₦521.5 billion for the 2025 financial year, representing a strong 83.4 percent increase from ₦284.3 billion recorded in 2024. The result, while slightly below the earlier unaudited estimate of N534.8 billion, highlights the company’s continued growth momentum.
Revenue rose to ₦1.77 trillion, up 16.15 percent year-on-year from ₦1.5 trillion, driven largely by strong demand for bakery flour and fortified sugar, which generated ₦683.2 billion and ₦565.8 billion, respectively. Other segments also contributed, with non-fortified sugar bringing in ₦184.1 billion, while rice and bran added ₦96.5 billion and ₦36.8 billion.
Cost of sales increased to ₦1.03 trillion, reflecting higher input costs, but gross profit still climbed 36.3 percent to ₦737.2 billion. Operating profit grew by 39.08 percent to ₦656.6 billion, supported by ₦484.8 billion in other income, mainly from scrap sales.
Administrative expenses rose 32.5 percent to ₦37.8 billion, while selling and distribution costs increased modestly by 9.9 percent to ₦44.2 billion. Finance costs declined significantly to ₦146.9 billion from ₦203.2 billion, largely due to reduced foreign exchange losses, helping to boost profitability.
Profit after tax surged 94.9 percent to ₦518.3 billion, with earnings per share nearly doubling to ₦28.80. Total assets also expanded by 26.68 percent to ₦1.39 trillion, underlining a stronger balance sheet despite relatively flat stock performance on the Nigerian Exchange.
Ogochukwu Onwaeze is a writer specializing in business and economic journalism. At THEWILL News Media, she translates market trends, financial developments, and policy shifts into clear and engaging stories.
