BUA Foods Plc reports N729.4bn as turnover, declares N5.50 dividend to shareholders

The Board of Directors of BUA Foods Plc has recommended a final dividend of N5.50 to its shareholders for the year ended 31 December 2023.

The Group reported a turnover of N729.443 billion for the 12 months period, 74.36% from N418.348 billion reported the previous year.

Profit after tax increased year on year by 22.72% to N112.097 billion from N91.34 billion reported the previous year.

Earnings per share of BUA Foods stands at N6.23.

At the share price of N379.9, the P/E ratio of BUA Foods stands at 61x with earnings yield of 1.62%.

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