REAL ESTATE

BUA Cement’s Market Cap Stands At N2.44trillion

Bua Cement’s share price has remained unchanged at the end of the trading week.

NewsBeatng reports that the cement company’s market cap stood at N2.44 trillion.

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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