BUA Foods Plc reports a massive 109.3% revenue jump to N1.53 trillion in 2024, fueled by product sales growth.

BUA Foods Plc, a major Nigerian food company, reported a significant 109.3% increase in revenue to N1.53 trillion in 2024, up from N729.4 billion in 2023. The company's profit after tax rose by 145.3% to N274.95 billion. Growth was driven by increased sales of key products like sugar, flour, and pasta. Despite higher operating costs, the company attributes its success to innovation and market expansion strategies.

1 month ago
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