BUA Cement’s sales and profit after tax rise in 2020

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Nigeria: BUA Cement recorded full-year net sales of US$550m in 2020, up by 20% year-on-year from US$460m in 2019. Profit after income taxes was US$185m, up by 16% from US$159m.

In December 2020, Global Cement reported that the company planned to bring three integrated cement plant projects with a total capacity of 9Mt/yr to fruition by the end of 2022. This would bring its installed capacity to 20Mt/yr.

Last modified on 10 February 2021

URL: https://www.globalcement.com/news/item/11961-bua-cement-s-sales-and-profit-after-tax-rise-in-2020

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