You don hear am? BUA Foods PLC, the big food makers for West Africa, don drop their unaudited financial report wey show say dem make profit after tax wey reach N507.73 billion for the year wey end for December 31, 2025. Na serious money o! This one dey show say dem don grow wit strong 91 per cent compared to the N265.99 billion wey dem gather for the same time last year, 2024.
As dem drop the numbers on Thursday, e clear say the company dey shine like diamond as dem revenue for the year don burst N1.80 trillion. That one na 18 per cent increase from the N1.53 trillion wey dem manage last year. E be like say people’s wahala with food no dey affect dem pocket again, because consumer demand don dey rise like wetin wey dey grow for farm.
Gross profit still sabi make grand entrance with 24 per cent growth, wey carry am go N672.16 billion from N540.82 billion wey dem get last year. Total assets sef don increase, now e don reach N1.39 trillion, wey be 26 per cent growth over the N1.09 trillion weh dem gather for 2024. Na real growth be dis, my people!
BUA Foods talk say the better performance na because them dey focus on key product segments and consumers dey show plenty love for wetin dem dey produce. But make we no forget, cost of sales don rise too, as e burst N1.13 trillion, wey be 15 per cent increase from 2024, largely because of wetin dem dey pay for raw materials. But higher revenue help balance wetin dem dey spend, e carry better profit and margin join.
One other gist wey sweet for ear be say their foreign exchange position don improve well well. Last year dem dey report loss of N172.30 billion, but this year, dem don turn am to just N16.09 billion. Na 90.66 per cent reduction wey show say foreign exchange market dey stable small small. Engr. Ayodele Abioye, the Managing Director, come yarn say 2025 na serious year for BUA Foods as dem don manage get revenue of N1.8 trillion amidst all these wahala wey dey the market.
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