BUA Foods Plc has posted a profit after tax of N507.7 billion for the year ended 31 December 2025, marking a 91 per cent jump from N266.0 billion recorded in 2024. The growth was driven by higher revenue, improved gross profit margins, and efficient management of operating costs.
The company’s turnover rose to N1.80 trillion in 2025 from N1.53 trillion in 2024, representing a 17.9 per cent increase. Cost of sales also grew to N1.13 trillion from N987.1 billion, producing a gross profit of N672.2 billion, up from N540.8 billion the previous year. Operating profit reached N565.4 billion, while administrative and selling expenses rose moderately, reflecting controlled expansion and operational efficiency.
The net finance costs fell sharply to N14.39 billion from N187.8 billion in 2024, largely due to lower borrowing costs. Profit before tax stood at N534.9 billion, up 88 per cent year-on-year, while earnings per share increased to 28.21 kobo from 14.78 kobo.
On the balance sheet, BUA Foods’ total assets grew to N1.39 trillion from N1.10 trillion, with current assets, particularly cash and short-term deposits, rising to N844.2 billion. Non-current assets, including property, plant, and equipment, totalled N394.9 billion. Total equity strengthened to N702.8 billion, supported by retained earnings of N694.7 billion, while total liabilities were N683.5 billion.
Managing Director Ayodele Abioye attributed the strong performance to the company’s robust domestic and regional market presence and efficient supply chain. “We continue to drive operational efficiency, product quality, and customer satisfaction while maintaining a disciplined expansion strategy in a dynamic economic environment,” he said.
The Acting Chief Financial Officer, Michael Ehimah, added that energy diversification and streamlined supply chain operations helped cushion the impact of rising input costs. He affirmed that maintaining a healthy balance sheet while funding growth initiatives would remain a top priority in 2026.
Looking ahead, BUA Foods aims to complete its sugar backward integration programme, targeting the refinement of over 220,000 metric tonnes of sugar in the first phase. The company also plans continued expansion across other business divisions.
Abioye highlighted that margin preservation and strategic growth would remain central to BUA Foods’ operations. With a market capitalisation exceeding N14 trillion, the company closed 2025 as the most valued firm on the Nigerian Exchange, reflecting strong investor confidence and operational performance.
