BUA Cement Limited Reports Strong Financial Performance in 2025
Shareholders of Nigeria’s second-largest cement manufacturer, BUA Cement Limited, expressed satisfaction with the company’s remarkable financial results for the 2025 fiscal year. This positive sentiment followed the approval of a dividend of N10.00 per share during the 10th Annual General Meeting (AGM) held in Abuja on Thursday.
Record Financial Growth Signals Industrial Leadership
BUA Cement demonstrated exceptional performance across all crucial financial metrics, solidifying its status as a leading player in Nigeria’s cement industry and a significant contributor to industrial growth. The company posted record revenues of N1.2 trillion in 2025, reflecting a notable 34.5% increase from the N876.5 billion achieved in 2024. Gross profit rose to N604.1 billion in 2025, a substantial increase from N300.2 billion the previous year. Moreover, profit after tax surged from N73.9 billion in 2024 to N356 billion in 2025, marking an impressive 381.7% increase. Correspondingly, earnings per share escalated from N2.18 in 2024 to N10.00 by the end of 2025.
Shareholder Praise for Leadership and Strategy
Shareholders applauded the visionary leadership of Chairman Abdul Samad Rabiu and the management team, recognizing their effective, value-driven strategies in navigating a year marked by volatility and significant transition.
Employee Commitment and Community Impact Highlighted
Additionally, shareholders commended the company for its recent employee long-service awards, which are seen as both motivating and exemplary. They acknowledged BUA Cement’s commitment to making a meaningful impact through various philanthropic efforts within its host communities.
Chairman’s Appreciation for Shareholder Trust
In response, Chairman Rabiu expressed gratitude for the loyalty and trust of shareholders in the Board of Directors and management. He emphasized that the strong performance recorded is a testament to the confidence placed in the company.
Strategic Responses to Economic Challenges
Rabiu also noted that despite necessary economic reforms and the challenges they entail, BUA Cement has emerged stronger and more valuable, committed to fulfilling its promises to shareholders. He highlighted the company’s focus on safeguarding capital integrity while undertaking an expansion program, particularly in bulk cement distribution. This commitment aligns with ongoing infrastructure development initiatives across the nation, especially in concrete road construction.
Future Growth Initiatives and Customer Appreciation
Looking ahead, Rabiu mentioned the impending commissioning of the 2026 BUA LNG project, which is expected to lower operational costs and provide a more cost-effective energy solution for production facilities. BUA Cement’s growth strategy reflects a strong alignment with the future of Nigeria’s industrial landscape. The company extended its gratitude to customers and business partners for their loyalty and acknowledged the hard work of its management and employees in achieving such significant results.
