BUA Cement Loses N59.26bn As Share Price Drops By 1.79%


Bua Cement share price has depreciated by 1.79% at the end of the trading week to a value of N96.00 compared to N97.75 previous week while its market cap stood at N3.25 trillion from N3.31 trillion to lose a total of N59.26 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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