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BUA FOODS
Nigeria's leading billionaire investors and business moguls, Aliko Dangote and Abdulsamad Rabiu, witnessed growth as their companies collectively amassed nearly N10 trillion in capital gains at the end of the first quarter ended March 2024
In Q1 2024, the NGX posted an increase of 39.84%, hitting an All-Share Index of 104,562.06 points.
Dangote Cement, BUA Foods record bumper gains as equities market surges by N18.2 trillion in Q1 2024
Nigerian equities increased by a whopping N18.1 trillion in capitalization to stand at N59.12 trillion at the end of March 2024.
Nigeria’s most capitalized consumer goods company, BUA Foods has posted a profit after tax of N112.1 billion, representing a 22.7% increase from the N91.3 billion reported in 2022.
Engr. Ayodele Abioye says the substantial growth in share price, escalating from ₦40 to ₦320, has resulted in remarkable gains for investors.
In a marketplace where others falter, BUA Foods stands firm, showcasing resilience and strength, overcoming foreign exchange challenges to achieve impressive results.
BUA Foods Plc has released its full year 2023 financial result posting a profit after tax of N111.536 billion amidst economic headwinds.
Nigeria’s billionaire investor, Abdul Samad Rabiu saw his two flagship companies BUA Cement and BUA Foods post a net capital gain of N2.3 trillion in 2023.
Abdulsamad Rabiu, a prominent Nigerian businessman and billionaire investor, faced a substantial setback in 2023, experiencing a $2.5 billion decline in his net worth.
BUA Foods reported its 2023 9M results showing pre-tax profits grew by 50% year on year, reaching 111.402 billion.
₦4.50k per 1 ordinary share of 50 Kobo was approved for all shareholders on the Company's register at the close of business on 1 September 2023.
The All-Share Index (ASI) traded 0.30% lower to close at 68,082.11 index points as against 68,286.28 index points recorded in the previous day’s trading session.