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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.
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BUA Foods Plc reporta un masivo aumento de ingresos del 109,3% a N1.53 billones en 2024, impulsado por el crecimiento de ventas de productos.