Chale, make we vibe as we dey talk about BUA Foods wey don shine like star for 2025 financial year. E be like say dem don enter profit wahala as dem report N507.7bn profit after tax. No be small matter; na 91% increase from wetin dem carry come last year, wey na N266.0bn.
The report wey dem submit for Nigerian Exchange show sharp rise for turnover wey reach N1.80tn from N1.53tn. That na about 17.9% growth wey gree come. Not be say dem just dey make mouth, dem cost of sales too rise, but e good as gross profit climb from N540.8bn to N672.2bn. Mhen, dem dey do am!
As e stand now, dem operating profit jump to N565.4bn from N472.1bn last year. But no be say everything dey jolly. Administrative expenses dey catch fire as e rise to N40.46bn from N28.56bn, and dem selling and distribution expenses too don waka go N68.73bn from N40.26bn. But anyhow, net finance costs don dey drop, as na N14.39bn this year, compared to the wahala wey dey last year – wey be N187.8bn.
To make matter even sweet, profit before tax rise from N284.3bn to N534.9bn; na 88% increase. Dey no just dey rest for small profit o, because for this year, BUA Foods see profit after tax of N322.5bn, compared to N263.2bn last year. Earnings per share too don blow up to 28.21 kobo from 14.78 kobo. This na serious business!
For their balance sheet, total assets don grow reach N1.39tn from N1.10tn, with cash and short-term deposits rising. Current assets shoot up to N844.2bn from N547.4bn, while non-current assets dey hold strong for N394.9bn. Total equity don flex to N702.8bn from N429.1bn, no forget the slight increase for total liabilities – from N666.4bn to N683.5bn.
Ayodele Abioye, wey be Managing Director, don talk say BUA Foods dey well positioned for market. Dem dey focus on operational efficiency and customer satisfaction—no time for slack. Michael Ehimah, the Acting Chief Financial Officer, don throw light on how dem dey diversify energy sources and improve supply chain. Him say na so dem fit remain strong even as input costs dey rise.
As dem dey eye 2026, BUA Foods get plans to finalise their sugar backward integration programme wey go fit allow them refine more than 220,000 metric tonnes of sugar for the first phase. Dem no dey rest for their business expansion plans as dem dey make sure say margin preservation dey top their list for competitive market.
Finally, BUA Foods don land as the most valued company for Nigerian Exchange with market capitalisation wey dey exceed N14tn. This one show say investors dey believe for their operational performance, and dem dey do am big for consumer goods sector. Na true talk, dem don give us serious gist!
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