BUA Cement reports N101bn as profit in 12 months, proposes N2.80 dividend for shareholders

BUA Cement Plc in 2022 year end declared a dividend of N2.80 for its shareholders. The audited financial statement of the company shows year on year growth in the company’s topline and bottom line figures.

Revenue of N360.989 billion was reported for the 12 months period, up by 40.28% from N257.327 billion reported the previous year.

Profit after tax grew year on year by 12.14% to N101 billion from N90.079 billion reported the previous year.

Earnings per share of BUA Cement stands at N2.98, up by 12.14% from the EPS of N2.66.

At the share price of N99.45, the P/E ratio of BUA Cement stands at 33.34x with earnings yield of 3%.

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