Kayode Tokede
BUA Cement Plc, yesterday launched its unaudited monetary statements for the 9 months ended
September 2026, with revenue after tax at N463 billion, about 60 per cent progress from N289.6 billion reported in 9 months ended September 2025.
Also, Profit earlier than tax closed 9 months of 2026 at N556.7 billion, a 64.4 per cent progress from N338.6 billion in 9 months of 2025.
The 9 months of 2026 mirrored three consecutive quarters of quantity progress in contrast with the corresponding durations in 2025, regardless of heavy rainfall and poor street situations.
The efficiency additionally highlights the Company’s continued concentrate on operational and monetary efficiencies.
Despite challenges in the final quarter, income moved to N1.1 trillion in 9 months of 2026, about 26.5per cent improve from N858.7 billion in 9 months of 2025, pushed by continued progress in bulk cement gross sales.
Cost of gross sales closed 9 months of 2026 ay N466.4 billion, up by 8.8per cent from N428.6 billion in 9 months of 20245, partly due to an hostile vitality combine, operational challenges, and elevated costs linked to geopolitical tensions in the Middle East.
Nevertheless, gross revenue and EBITDA margins improved by 7.0 and 6.3 proportion factors to 57.1per cent and 52.7per cent, respectively, supported by decrease O&M service fees and price financial savings
from the introduction of LNG-powered vans.
Return on Equity and Asset of 63per cent and 27.4per cent, respectively, reflecting additional enhancements in working margin, asset turnover, and curiosity burden.
Speaking on the outcomes, the Managing Director/CEO, Yusuf Binji in an announcement mentioned: I’m delighted with our efficiency, which demonstrates resilience regardless of difficult situations, notably on account of the heavy rainfall and its affect on street infrastructure.
“We surpassed our quarterly performances of 2025 by way of the addition of bulk clients, the acquisition of LNG vans, and the additional restructuring of our logistics operations.
“The LNG vans are eco-friendly, thus decreasing our carbon footprint on the setting whereas harnessing the nation’s plentiful fuel reserves.
“This investment will also enhance market penetration and operational efficiency. Energy costs were elevated during the quarter due to supply constraints but have since normalised.:”
He added that, “Looking ahead to the fourth quarter, we remain committed to achieving our objectives through profitable partnerships with our distributors and sustained efforts to reduce our cost to serve.”
