BUSINESS

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. 

ALSO READ  Verve Life 4.0 Closes Out In Grand Style

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button