BUA Cement Plc shareholders approved a ₦338.64 billion dividend payout during the company’s 10th Annual General Meeting. Investors will receive ₦10.00 per share for the 2025 financial year.
Company revenue grew 34.5% to reach a record ₦1.2 trillion. Profit after tax surged by 381.7% to ₦356 billion.
Chairman Abdul Samad Rabiu attributed the performance to disciplined execution and strategic planning. He cited high energy and logistics costs as the primary drivers of current cement prices. Rabiu noted that recent stability in the foreign exchange market is now easing these production pressures.