BUSINESS

BUA Cement Share Price Appreciates By 19.09% To End Trading Week

 

Bua Cement’s share price appreciated by 19.09% at the end of the trading week to value at N91.70 compared to the N77 at the end of the previous week while its market cap stood at N3.11 trillion from N2.61 trillion to gain a total of N497.81 billion.

NewsBeatng reports that the company’s Q3 2022 financial report revealed revenue of N74 billion, reflecting a growth of 18.21% from N62.63 billion in 2021.

Meanwhile, profit after tax dipped by N9.86 billion, reflecting a 44% decrease from N22.51 billion recorded in the corresponding period of 2021, to N12.65 billion in the current period.

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