BUSINESS
BUA Cement Grows Share Price By 8.67%
The share price of Bua Cement has appreciated by 8.67% to stand at N52 from N47.85 at the end of last week.
Similarly, its market cap stood at N1.76 trillion from N1.62 trillion gaining a total of N140.54 billion.
The company’s H1 2022 financial report revealed revenue of N188.56 billion, reflecting a growth of 51.72% from N124.28 billion in 2021.
NewsBeatng reports that profit after tax increased by N17.97 billion, reflecting a 41% increase from N43.40 billion recorded in the corresponding period of 2021, to N61.36 billion in the current period.