BUA Cement posts N186.91bn as turnover, PAT rises by 23.22% in Q3 2021

BUA Cement has published its third quarter report for the period ended, 30 September 2021 on the Nigerian Exchange.

The result shows year on year growth in the Company’s top line and bottom line figures for the nine months period.

A turnover of N186.91 billion was reported for the nine months period, up by 19.39% from N156.55 billion reported the previous year.

Profit after tax grew by 23.22% to N65.906 billion from N53.487 billion reported the previous year.

Earnings per share increased year on year by 23.22% to N1.95 from the EPS of N1.58 reported in Q3 2020.

At the share price of N72, the P.E ratio of BUA Cement stands at 37x with earnings yield of 2.7%.

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