BUA Foods Plc, Nigeria’s largest listed food and fast-moving consumer goods (FMCG) company by market capitalization, has reported an impressive 101% year-on-year growth in Profit Before Tax (PBT), reaching ₦276.1 billion for the half-year period ending June 30, 2025. This information was revealed in its unaudited financial results submitted to the Nigerian Exchange Group (NGX). The strong performance reflects sustained operational efficiency, increased scale, and robust consumer demand across all product segments.
Revenue increased by 36% year-on-year, reaching ₦912.5 billion. Notable growth was observed in the following divisions: Flour at ₦378.2 billion (a 66% increase), Sugar at ₦398.1 billion (an 8% increase), and Pasta at ₦96.9 billion (a 31% increase). Additionally, the Rice division experienced a remarkable surge of 2,923%, totaling ₦39.3 billion. This substantial growth underscores BUA’s strategic entry into the local rice value chain.
Gross Profit rose by 55% to ₦339.3 billion, while EPS almost doubled to ₦14.45. Operating Profit increased by 41% to ₦284.8 billion.
Chairman Abdul Samad Rabiu and Managing Director Engr. Ayodele Abioye credited the company’s performance to its focus on backward integration, affordability, and an expanding regional presence. With total assets now at ₦1.33 trillion and equity at ₦689.1 billion, BUA Foods is well-positioned for long-term growth and an increase in shareholder value.
